SUI Group (SUIG), a Nasdaq-listed company tied to the Sui blockchain ecosystem, has named Brian Quintenz as an independent director to its board of directors, the company said in a press release on Tuesday.
Quintenz will also serve on the board’s audit committee, the company said.
SUIG shares were down 2.2% on Tuesday. The SUI token continued its 2026 rally, rising 14% in the last 24 hours.
His appointment follows the transition of SUI Group Chief Financial Officer Joseph A. Geraci II from a board position to a board observer position. With the change, the board now has five members, three of whom are considered independent by 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, fintech, and early bitcoin regulation. 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 Kalshi, a CFTC-regulated event-based derivatives exchange, and has advised companies on digital assets and traditional financial markets.
The White House withdrew Quintenz’s nomination to lead the CFTC in September, capping a month-long fight over U.S. President Donald Trump’s choice to head the agency. Michael Selig was sworn in as the 16th 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 asset industry, with a rare combination of capital markets experience, regulatory credibility and deep infrastructure knowledge,” Marius Barnett, chairman of the board, said in the statement.
“Their decision to join our board and support our SUI treasury strategy represents a 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 specialized financial operations.
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