Overview
- The move follows CFO Joseph A. Geraci II shifting from director to board observer, leaving five directors with three independent under Nasdaq standards.
- SUI Group says Quintenz’s policy background will support its plan to build an institutional-grade digital asset treasury platform centered on the SUI token.
- Quintenz brings experience as a former CFTC commissioner, a16z crypto’s global head of policy, and a current board member at Kalshi.
- The company maintains a formal relationship with the Sui Foundation and continues its specialty finance operations alongside digital asset services.
- On the announcement day, SUIG shares fell about 2.2% while the SUI token rose roughly 14% over 24 hours, indicating a mixed market response.