SUI Group appoints former CFTC commissioner Brian Quintenz to its board.

SUI Group appointed Brian Quintenz as an independent director effective January 5, 2026, and he will serve on the audit committee. The article also reports the company holds about 105.4 million SUI tokens and has completed several corporate and governance changes.

SUI Group has added Brian Quintenz to its board as an independent director, effective January 5, 2026. He will serve on the audit committee. Quintenz previously served as a Commissioner of the U.S. Commodity Futures Trading Commission and has held roles in both private and public sector financial policy. The company has also reported several recent corporate actions and disclosures that have been discussed alongside the appointment. Key details: - Brian Quintenz was appointed an independent director effective January 5, 2026, and will sit on the audit committee. - Quintenz's background includes service as a CFTC Commissioner, a current board seat at Kalshi, a former role as Global Head of Policy for a16z crypto, founding Saeculum Capital Management, and prior work as a senior policy advisor in the U.S. House of Representatives. - With the appointment, the board comprises five members, three of whom are described as independent under Nasdaq rules; Chief Financial Officer Joseph A. Geraci II moved from director to board observer. - The company amended its Articles of Incorporation to increase authorized capital stock from 111,111,111 shares to 2,000,000,000 shares, a change approved by shareholders in September. - SUI Group disclosed it holds 105,393,692.55 units of the SUI cryptocurrency, acquired for about $381.5 million, and announced a partnership with Bluefin that includes lending 2 million SUI in exchange for a 5% revenue share. - The article mentions InvestingPro data showing a current ratio of 5.65 and a price-to-book ratio of 0.41, and it reports that some analysts forecast a return to profitability in fiscal 2025. Summary: The appointment places a former CFTC commissioner on SUI Group's board and alters the company's board composition. The company has also disclosed a larger authorized share pool, sizable SUI token holdings, and a partnership with a Sui-based exchange. Undetermined at this time.