President Donald Trump will meet crypto, prediction market and traditional finance executives at a White House crypto summit on Wednesday, August 19. SEC Chairman Paul Atkins and CFTC Acting Chairman Michael Selig are expected to attend, alongside executives from Coinbase, Ripple, a16z, Chainlink, Paradigm, Kalshi, Kraken, Gemini, the New York Stock Exchange and Nasdaq. The meeting will bring leaders from the crypto, prediction market and traditional finance sectors together in Washington.

The summit follows a year of direct White House engagement with the digital asset industry, including an earlier crypto summit in March, executive orders establishing a Strategic Bitcoin Reserve, and the GENIUS Act, a federal stablecoin law signed in July.

Crypto Executives Set to Join White House Meeting

According to Politico, the White House plans to host the event one day before the CFTC's Innovation Advisory Committee meeting. The White House had not confirmed the attendee list at the time Politico reported the plans.

People familiar with the plans told Semafor that several executives are expected on Wednesday. Those names include Coinbase CEO Brian Armstrong, Ripple CEO Brad Garlinghouse and executives from a16z and Chainlink. Kalshi and Paradigm executives are also expected at the White House. Paradigm has backed Kalshi, and representatives of the Digital Chamber are also expected to attend.

Kraken, Gemini, the New York Stock Exchange and Nasdaq also received invitations, according to people familiar with the meeting. Some attendees remained unconfirmed, and it was unclear whether every expected participant would appear.

The event was initially planned as part of preparations for the CFTC committee's first meeting. Organizers had earlier hoped to hold that meeting at the White House during the summer.

CFTC Committee Meeting Follows White House Event

The CFTC will hold its first Innovation Advisory Committee meeting on Thursday, August 20. The 35-member panel includes executives from the cryptocurrency, prediction market, finance and other industries. The CEOs of Coinbase, Robinhood, Kalshi and Polymarket are expected to participate in the CFTC meeting, which will follow the White House event by one day.

The SEC and CFTC divide oversight of US financial markets, with the SEC regulating securities and the CFTC supervising derivatives and commodities, and how individual digital assets are classified between the two agencies has been a long-running policy question for the industry.

The White House meeting also comes as the Senate considers the CLARITY Act, market structure legislation that would clarify how oversight of digital assets is divided between the two regulators. The House passed the bill 294-134 in July. The bill remains pending and is expected to return before lawmakers after the August recess. According to Politico, Senate lawmakers are set to take up the legislation next month. The White House event and the CFTC meeting will therefore occur within two days of each other.

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