The Commodity Futures Trading Commission (CFTC) Acting Chair Caroline D. Pham has announced the formation of the CEO Innovation Council, comprising top executives from major exchanges. This council aims to address market structure issues within derivatives markets. Notable members include Craig Donohue of Cboe, Terry Duffy of CME Group, Tom Farley of Bullish, Adena Friedman of Nasdaq, and Tyler Winklevoss of Gemini, among others. The council will focus on key topics such as tokenization, perpetual contracts, prediction markets, 24/7 trading, and blockchain-based infrastructure. This initiative reflects the CFTC's commitment to fostering innovation and addressing emerging challenges in the rapidly evolving financial landscape.