TREE NEWS update: Solana lending protocol Kamino has appointed Yieldstreet co-founder Michael Weisz as CEO and set up headquarters in New York to push US market and institutional expansion. Weisz previously served over 500,000 individual investors at Yieldstreet and deployed more than $6 billion alongside institutions including Goldman Sachs, Carlyle, KKR, Ares, Fortress and StepStone. Kamino says it is Solana’s largest credit protocol, with over $650 billion in cumulative transaction volume and more than $20 billion in cumulative loans issued.
Solana Lending Protocol Kamino Names Michael Weisz CEO, Opens New York HQ
Kamino is importing traditional-finance distribution and institutional relationships rather than just another DeFi-native hire; Weisz's Yieldstreet background suggests the pitch is now to allocators who need a familiar counterparty and a US address. That matters most for Solana's credit layer, where lending has struggled to attract institutional balance sheets, and for competitors now facing a protocol with a New York front door. The open question is whether the institutional pipeline Weisz cultivated at Yieldstreet actually converts into on-chain credit demand, or whether the headquarters is mainly a regulatory and marketing posture.
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