The CLARITY Act is nearing finalization, according to Novogratz, who is calling on the Senate to move the bill forward with bipartisan support. Prediction markets currently give the legislation a 42.5% chance of being signed into law in 2026.
Novogratz's push for bipartisan support
Novogratz said the bill is close to being finalized and urged senators from both parties to back it. He didn't provide a timeline for a vote but stressed the need for action. The CLARITY Act has been in the works for months, and its fate now rests with the Senate.
What the prediction market says
Prediction market participants see a 42.5% probability that the CLARITY Act becomes law in 2026. That figure reflects uncertainty about the legislative calendar and the level of bipartisan support. The market's outcome is a real-time gauge of how traders view the bill's chances.
What happens next
The Senate has not yet scheduled a vote on the CLARITY Act. Novogratz's comments are the latest signal that the bill's backers are pushing for momentum. Whether the prediction market's 42.5% odds rise or fall will depend on the Senate's next move.
