TREE NEWS update: 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.
Kamino Appoints Michael Weisz CEO for US and Institutional Push
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.
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