Brian Quintenz, former CFTC Commissioner and previous a16z crypto policy head, has been appointed an independent director at SUI Group and will serve on its audit committee. This appointment follows his withdrawal from CFTC Chairman nomination and aims to utilize his regulatory and capital markets expertise for SUI Group's treasury management. The SUI treasury currently holds around 108 million SUI tokens, while Michael Selig took over as CFTC Chairman in December last year.