- Brian Quintenz enters private governance after CFTC bid withdrawal
- SUI Group strengthens board oversight amid expanding SUI treasury exposure
- Former regulator deepens role in institutional blockchain finance strategy
Brian Quintenz has moved into a senior corporate governance role following the withdrawal of his nomination to lead the U.S. derivatives regulator, according to SUI Group Holdings, which confirmed his board appointment as a shift into the private sector. The appointment places Quintenz on the board of SUI Group Holdings, a publicly listed company trading under the ticker SUIG, where he will serve as an independent director and sit on the audit committee.
According to the company, the appointment became effective on Jan. 5, reflecting a transition from public service ambitions toward institutional blockchain strategy and financial oversight. SUI Group said Quintenz’s capital markets and regulatory experience supports its focus on digital asset infrastructure, according to the statement, while linking his role to its SUI treasury strategy and broader institutional engagement plans.
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Board structure and treasury exposure come into focus
With Quintenz joining, SUI Group’s board now consists of five directors, with three members qualifying as independent under Nasdaq listing requirements. This structure highlights a stronger focus on compliance as the company expands its blockchain-related activities, while disclosures show SUI Group held about 108 million SUI tokens in its treasury as of Nov. 12.
The size of that holding increases the importance of audit oversight and governance discipline, making Quintenz’s role on the audit committee financially and regulatorily significant. Company leadership said the appointment supports long-term participation in the Sui ecosystem, while the board views institutional credibility as key to sustaining that strategy.
Private sector roles expand after nomination withdrawal
Beyond SUI Group, Quintenz has taken on several private sector advisory roles since exiting the nomination process, including joining Ubyx as an advisor, according to company information. Ubyx operates a stablecoin clearing system for institutional clients, including banks and fintech firms, with a focus on regulated financial infrastructure.
Additionally, Quintenz serves on the board of Kalshi, according to his public LinkedIn profile, where the company operates a CFTC-regulated prediction markets platform. The platform reached a $11 billion valuation during a Dec. 2 funding round, reflecting sustained investor interest in regulated market structures.
Quintenz’s CFTC chair nomination was withdrawn last September after encountering confirmation challenges tied to conflict concerns and employer-related scrutiny. Those issues led to the cancellation of two scheduled committee votes before the withdrawal was finalized.
Following that development, Donald Trump nominated Michael Selig to lead the CFTC. The Senate confirmed Selig on Dec. 18 by a 53 to 43 vote as lawmakers considered expanding the agency’s authority over digital commodity markets.
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