Kamino names Michael Weisz CEO for U.S. expansion

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Kamino has appointed Yieldstreet co-founder Michael Weisz as chief executive as the Solana lending protocol builds a New York operation and expands its U.S. business around institutional credit and tokenized assets. Summary Kamino appointed Yieldstreet co-founder Michael Weisz as CEO to lead its U.S. institutional expansion efforts. Kamino plans a New York headquarters while building finance, legal, compliance and business development teams. DefiLlama tracks Kamino at roughly $1.43 billion in TVL and $1.02 billion active loans currently. Kamino says PRIME deposits surpassed $600 million within 107 days using Figure-linked home-equity loan collateral. Forward Industries confirms tokenized FWDI shares can serve as collateral on Kamino for eligible investors. TheKamino announcement said Weisz will oversee the U.S. expansion, work with institutional asset managers and financial platforms, and assemble a New York-based team spanning finance, product, legal, compliance and business development. The appointment brings a traditional-finance executive into one of Solana’s largest lending protocols. Weisz co-founded Yieldstreet, now Willow Wealth, where the platform deployed more than $6 bil...

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