Kamino Appoints Yieldstreet Co-founder as CEO for U.S. Expansion

Kamino, a Solana lending protocol, appointed Michael Weisz as CEO on September 15 to lead institutional growth and expansion into the U.S. market and tokenized assets. Weisz is co-founder of Yieldstreet, a fintech platform for private-market investing, and brings more than two decades of experience in fintech and private markets. At the time of Weisz's appointment, the protocol held $1.352 billion in total value locked and $1.022 billion in active loans, according to DefiLlama figures cited in the sources. Over the previous 30 days, Kamino's TVL grew 29.9 percent. DefiLlama ranks Kamino Lend seventh among the lending protocols it tracks, accounting for 2.7 percent of the lending category's total value locked of $50.438 billion. The protocol tracks 150 yield pools and has expanded its curator tooling, which lets professional risk managers design custom lending strategies for institutions, deploy isolated lending markets with custom risk parameters, and route depositor assets across reserves. Weisz will lead Kamino from a new New York headquarters. In a thesis letter, he wrote: "Tokenization worked. But what's missing is what comes after you put an asset on-chain. That requires liquidity, credit, distribution and infrastructure." He added that Kamino has spent four years building the foundation for those components. Kamino is expanding into tokenized assets, per CoinDesk's reporting.