SUI Group (SUIG), a Nasdaq-listed company linked to the Sui blockchain ecosystem, has named Brian Quintenz as an independent director to its board of directors, the company announced in a press release on Tuesday.
Quintenz will also serve on the board’s audit committee, the company said.
SUIG shares are down 2.2% on Tuesday. The SUI token continued its 2026 rally, up 14% in the last 24 hours.
His appointment follows the transition of SUI Group Chief Financial Officer Joseph A. Geraci II from a board seat to a board observer role. With this change, the board now has five members, three of whom are considered independent under Nasdaq listing standards.
Quintenz is a former commissioner of the U.S. Commodity Futures Trading Commission (CFTC), where he served after being nominated by Presidents Barack Obama and Donald Trump and unanimously confirmed by the Senate.
During his tenure at the agency, he was involved in overseeing derivatives markets, financial technology and early bitcoin regulations. future.
Most recently, Quintenz was global head of policy at a16z crypto, the digital assets arm of venture capital firm Andreessen Horowitz, where he led regulatory and government engagement efforts.
He currently serves on the board of directors of Kalshi, an event-driven derivatives exchange regulated by the CFTC, and has advised companies in digital assets and traditional financial markets.
The White House withdrew Quintenz’s nomination to head the CFTC in September, ending a monthslong battle over US President Donald Trump’s choice to chair the agency. Michael Selig was sworn in as the sixteenth president in December.
SUI Group said the appointment adds regulatory and policy experience as it develops a treasury strategy focused on the SUI token.
“Brian is a widely respected leader in the digital assets industry, with a rare combination of capital markets expertise, regulatory credibility and deep infrastructure knowledge,” Marius Barnett, Chairman of the Board, said in the release.
“His decision to join our board and support our SUI treasury strategy represents significant validation of both SUIG and the long-term potential of the Sui ecosystem,” he added.
The company maintains a formal relationship with the Sui Foundation and is focused on building what it describes as an institutional-grade digital asset treasury platform, while continuing its specialty financing operations.
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