SUI Group (SUIG), a Nasdaq-listed company behind the Sui blockchain ecosystem, has appointed Brian Quintenz as an independent director to its board, the firm said in a press release on Tuesday.
The company said Quintenz will also serve on the board’s audit committee.
SUIG shares are down 2.2% on Tuesday. SUI token continued its 2026 rally, rising 14% in the last 24 hours.
He was succeeded by SUI Group Chief Financial Officer Joseph A. Geraci II’s transition from a board seat to a board observer role. With the 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 oversight of derivatives markets, financial technology, and the early regulation of Bitcoin. Futures.
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 CFTC-regulated event-based derivatives exchange Kalshi, and has advised companies in digital assets and traditional financial markets.
The White House withdrew Quinten’s nomination to run the CFTC in September, ending a months-long battle over US President Donald Trump’s choice to head 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.
“With a rare combination of capital markets expertise, regulatory credibility and deep infrastructure knowledge, Brian is a widely respected leader in the digital asset industry,” board chairman Marius Barnett said in the release.
“His decision to join our board and support our SUI treasury strategy represents meaningful validation of both SUIG and the long-term potential of the SUI ecosystem,” he said.
The company maintains a formal relationship with the Sui Foundation and focuses on building an institutional-grade digital asset treasury platform while continuing its specialized finance operations.
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