Kamino names Michael Weisz CEO, citing U.S. institutional growth

  • Kamino appointed Yieldstreet co-founder Michael Weisz as chief executive officer.
  • DefiLlama lists Kamino with roughly $1.43 billion in TVL and $1.02 billion in active loans.
  • Kamino is evaluating New York office space and plans U.S. institutional hiring.

Kamino appointed Yieldstreet co-founder Michael Weisz as chief executive officer to lead its U.S. and institutional expansion, including a planned New York-based operation. The Solana lending protocol plans to hire finance, legal, product, compliance and business-development staff, including a chief financial officer and general counsel. DefiLlama placed Kamino at roughly $1.43 billion in total value locked and $1.02 billion in active loans, while Kamino reported that its PRIME market exceeded $600 million in deposits within 107 days. PRIME uses collateral linked to Figure Technologies' home-equity lending business, though real-world-asset borrowing on Kamino remained below $3 million. Solana's Transaction V1 upgrade, which raised maximum transaction size to 4,096 bytes from 1,232 bytes, provides more room for complex institutional transactions.

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