- CFTC expands the Innovation Advisory Committee to 35 members with strong crypto industry representation.
- Digital asset executives now hold 20 seats on the CFTC Innovation Advisory Committee.
- The expanded committee will guide oversight of tokenized assets and 24 7 trading markets.
The Commodity Futures Trading Commission expanded its Innovation Advisory Committee to 35 members on Thursday. The agency added executives from major crypto firms and traditional financial institutions. The move reshapes how the regulator gathers industry input. It also signals a stronger focus on digital asset markets.
The commission published the updated roster on Feb. 12. The list includes 23 new appointees. These additions join 12 charter members named in late 2025. Together, they now form a 35-member advisory body.
Chairman Michael S. Selig will oversee the expanded panel. He restructured the former council after taking office as permanent chair. He replaced the Technology Advisory Committee with the new Innovation Advisory Committee. As a result, the agency aligned its advisory work with emerging market trends.
The committee will guide oversight of derivatives markets. It will also address tokenized collateral and round-the-clock trading. In addition, it will examine prediction markets and other digital innovations. The regulator aims to modernize its rule framework through this structure.
Crypto Executives Take Prominent Seats
Digital asset executives now hold a strong presence on the committee. Of the 35 members, 20 have direct ties to the crypto sector. This shift reflects the growing weight of digital markets in U.S. finance.
New members include leaders from Coinbase and Ripple. The list also features executives from Crypto.com and Blockchain.com. In addition, representatives from Grayscale and Anchorage Digital joined the panel.
The commission also selected participants from Solana Labs and Kraken. Executives from Paradigm and Chainlink Labs also secured seats. Moreover, firms such as Bullish and Framework Ventures gained representation.
Prediction market platforms also appear on the list. Leaders from Kalshi and Polymarket joined the committee. This inclusion highlights regulatory interest in event-based trading products.
Traditional Finance Maintains Influence
Although crypto voices dominate, traditional institutions remain involved. Executives from Nasdaq and CME Group serve on the panel. Representatives from Cboe Global Markets and Intercontinental Exchange also participate.
In addition, the Depository Trust and Clearing Corporation holds a seat. This balance keeps legacy market infrastructure within policy discussions. Consequently, the committee blends digital innovation with established market systems.
The Innovation Advisory Committee traces its roots to late 2025. Then-Acting Chair Caroline Pham formed the CEO Innovation Council. The council addressed 24/7 trading, tokenized assets, and prediction markets. After his appointment, Selig rebranded and expanded the group.
The restructured panel now serves as the CFTC’s primary forum for emerging market issues. It brings together crypto leaders, exchange operators, and infrastructure firms under one advisory body.
