Crypto In America

Clarity or Chaos? With a16Z, BA, Dinari

4 snips
Jan 23, 2026
Summer Mersinger, former CFTC commissioner and CEO of the Blockchain Association, brings policy and Capitol Hill perspective. Gabe Ott (Gabe Dinari), CEO of tokenization platform Denari, speaks on markets and tokenized equities. They discuss recent Senate committee moves, legislative friction and public negotiation. They also cover tokenization infrastructure, NYSE on-chain stocks, settlement choices and global access for tokenized U.S. equities.
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INSIGHT

Bitcoin Is Not Yet A Global Safe Haven

  • Bitcoin still behaves more like a speculative tech asset than a global safe haven.
  • Widespread institutional, sovereign reserve adoption would be required to change that dynamic.
ADVICE

Watch The CFTC's 'Future Proof' Work

  • Expect the CFTC under Mike Selig to review and modernize rules proactively through the Future Proof Initiative.
  • Track the agency's advisory council outputs to anticipate regulatory changes affecting markets and prediction markets.
ADVICE

Fix Drafting Issues Before Markup

  • Resolve contentious drafting issues before a committee markup to avoid tougher fixes later.
  • Use staff and stakeholder review time to flag ambiguous definitions and conflicting provisions early.
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