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Crypto DeFi

Kamino Appoints Michael Weisz CEO for US and Institutional Push

Solana lending protocol Kamino has named Michael Weisz as CEO to lead its US and institutional expansion. The protocol holds $1.35 billion in total value locked and $1.02 billion in active loans. The appointment signals Kamino’s push into institutional lending markets on Solana.

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AI take

Kamino's hire of a dedicated CEO for US and institutional expansion marks a shift from DeFi-native growth toward regulated, counterparty-driven lending, a segment where Solana's lending venues have had limited presence. The $1.35 billion in TVL and $1.02 billion in active loans show real scale, but institutional lending demands compliance, risk and relationship infrastructure that a protocol alone cannot supply. Whether Weisz's appointment converts that liquidity into institutional borrowers, rather than remaining a retail-and-funding-rate-driven book, is the open question.

Generated by AI for reference only.

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