Former Commissioner of the Commodity Futures Trading Commission (CFTC) Brian Quintenz has joined the Coalition for Prediction Markets as a Senior Advisor, offering “expertise to the fight for transparent, accessible and regulated prediction markets.”
Quintenz served as Commissioner of the CFTC from August 2017 to September 2021 and currently maintains a position on Kalshi’s Board of Directors along with the new Senior Advisor appointment.
While Quintenz seemed favored to eventually be named CFTC Chairman in late 2025, the White House chose to formally pull his nomination on September 30 following his clash with major cryptocurrency investors.
Tyler and Cameron Winklevoss had both requested President Donald Trump reconsider his selection of Quintenz to lead the CFTC in July 2025, eventually leading to Michael Selig being sworn in as CFTC Chairman on December 22.
The Coalition for Prediction Markets serves as an advocacy group for event contract trading in the US, and whose members currently include Kalshi, Crypto.com, Coinbase, Robinhood and Underdog.
On January 13, the Coalition for Prediction Markets appointed Sean Patrick Maloney as the organization’s President, while Patrick McHenry became the first Senior Advisor prior to Quintenz jumping on board.
The Coalition was originally formed in December, with Kalshi Head of Corporate Development Sara Slane and Crypto.com's President of North America & Chief Corporate Affairs Officer Matt David each serving as Executive Board Members.
The organization stated it will dedicate itself to the preservation of a safe and federally supervised prediction market industry while prioritizing transparency and openness within the sector.
Following Governor Josh Stein’s decision to sign the new state budget into law on July 7, North Carolina became the first US state to recognize the CFTC’s "exclusive" authority over prediction market operators on July 7.
The Coalition for Prediction Markets began running a ‘seven figure’ public relations campaign in the hopes of advocating for regulated markets across the US during late January 2026