Kamino Taps Yieldstreet Co-Founder Michael Weisz as CEO for Institutional Push

Kamino, a Solana-based lending protocol, has appointed Michael Weisz as its new CEO to lead the company's expansion into institutional clients. Weisz co-founded Yieldstreet and brings experience in private-market distribution and institutional finance to DeFi.

The hiring comes as Kamino sets up a New York headquarters, with plans to hire a CFO and head of legal to build out its institutional team. The goal is to sit closer to the capital providers and asset managers that will define the next phase of on-chain finance.

Kamino's PRIME market has shown early traction, with deposits topping $600 million in three months after launch. However, credit utilization remains thin, with total RWA debt on Kamito below $3 million.