Kamino appoints Michael Weisz as CEO to lead U.S. push and institutional expansion

News Editor

2026-09-15 15:59:53

Solana-based lending protocol Kamino has named Michael Weisz as chief executive officer, handing him responsibility for institutional growth and expansion into the U.S. market. The appointment, announced on Sept. 15, puts Weisz in charge of a protocol with $1.352 billion in total value locked and $1.022 billion in active loans, based on DefiLlama data. Kamino said Weisz brings more than 20 years of experience across fintech and private markets. In a post accompanying his thesis letter, Weisz said financial-services infrastructure is moving onchain and argued that tokenization alone is not enough without liquidity, credit, distribution, and supporting infrastructure. He said Kamino has spent four years building that base. Kamino’s documentation lists Earn, Borrow, Multiply, and Swap among its products, and says its curator tooling allows professional risk managers to create custom lending strategies for institutions, launch isolated lending markets with separate risk settings, and route depositor funds across reserves. DefiLlama ranks Kamino Lend seventh among the lending protocols it tracks, with 2.7% of the sector’s $50.438 billion TVL. The data provider also shows Kamino’s TVL rose 29.9% over the past 30 days and tracks 150 yield pools tied to the protocol.

Kamino appointed Michael Weisz as chief executive officer on Sept. 15, giving him a mandate to lead the Solana lending protocol’s institutional growth and expansion into the U.S. market.

According to DefiLlama, Weisz is taking over a protocol with $1.352 billion in total value locked and $1.022 billion in active loans. Kamino said he has more than two decades of experience in fintech and private markets.

Weisz says financial infrastructure is moving onchain

In a post introducing his thesis letter, Weisz said financial-services infrastructure is moving onchain. He described Kamino as a potential source of access, distribution, and liquidity for assets.

“Tokenization worked,” Weisz wrote. “But what’s missing is what comes after you put an asset on-chain. That requires liquidity, credit, distribution and infrastructure.” He added that Kamino has spent four years building that foundation.

Kamino points to institutional lending tools

Kamino’s documentation lists Earn, Borrow, Multiply, and Swap. It says the protocol’s curator tooling allows professional risk managers to design custom lending strategies for institutions, deploy isolated lending markets with their own risk parameters, and route depositor assets across reserves.

DefiLlama ranks Kamino Lend seventh in lending

DefiLlama ranks Kamino Lend seventh among the lending protocols it tracks, representing 2.7% of the category’s $50.438 billion in TVL. The data provider says Kamino’s TVL has risen 29.9% over the previous 30 days, and it tracks 150 yield pools for the protocol.

DefiLlama describes Kamino Lend as a peer-to-pool borrowing system that matches borrowers and lenders. The protocol runs on Solana, and Kamino’s official X profile describes the project as credit infrastructure on the network.

Company did not say whether Weisz replaced another CEO

Kamino did not say in its announcement whether Weisz is replacing another chief executive. Marius publicly identifies himself as a Kamino co-founder.

Weisz said he joined to lead Kamino’s “next chapter,” while Kamino described his assignment as institutional growth and U.S. expansion.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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