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SUI Group (SUIG) news: Brian Quintenz joins board

CoinDesk
Former CFTC Commissioner Brian Quintenz has joined the board of directors for Nasdaq-listed SUI Group.

Summary

SUI Group (SUIG), a Nasdaq-listed company associated with the Sui blockchain ecosystem, announced the appointment of former U.S. Commodity Futures Trading Commission (CFTC) Commissioner Brian Quintenz as an independent director to its board. Quintenz, who previously served as global head of policy at a16z crypto, will also sit on the board's audit committee. This appointment is intended to bolster the company's regulatory and policy expertise as it advances its treasury strategy centered on the SUI token. The move follows a change where CFO Joseph A. Geraci II transitioned from a board seat to an observer role, bringing the board to five members, three of whom are independent. The chairman of the board, Marius Barnett, stated that Quintenz's decision validates SUIG and the long-term potential of the Sui ecosystem.

(Source:CoinDesk)