Kamino names Michael Weisz as CEO to pursue institutional lending
Kamino appointed Michael Weisz as chief executive as it accelerates a push to bridge decentralized finance and traditional institutions. The Solana lending protocol manages $1.4 billion in assets and reports over $650 billion in transaction volume across four years, while its PRIME product collected more than $600 million in deposits in about three months. Despite deposit inflows, on-chain credit use is negligible — combined real-world asset and liquid staking token debt stayed under $3 million — creating a central growth challenge even as Solana deployed a transaction upgrade to support complex institutional flows.
Kamino manages $1.4 billion while RWA borrowing stays under $3 million.
Context
Kamino named a new CEO after large tokenized deposit inflows. The platform shows high deposits but very low borrowing. Next it plans a New York office and senior hires to court institutional capital.
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