Kamino Appoints Michael Weisz CEO for U.S. Expansion

Kamino appointed Michael Weisz as chief executive on September 15, focusing on institutional growth and expansion into the U.S. market. Weisz will oversee a protocol with 1.352 billion dollars in total value locked and 1.022 billion dollars in active loans, according to DefiLlama. He brings over 20 years of experience in fintech and private markets. Weisz emphasized the need for liquidity, credit, distribution, and infrastructure for onchain assets, stating that Kamino has spent four years building this foundation. Kamino's offerings include Earn, Borrow, Multiply, and Swap, with tools for professional risk managers to create custom lending strategies and deploy isolated lending markets. DefiLlama ranks Kamino Lend seventh among tracked lending protocols, representing 2.7% of the category's 50.438 billion dollars in total value locked, with a 29.9% increase in TVL over the past 30 days. Kamino operates on Solana and is described as credit infrastructure on the network. The announcement did not specify if Weisz replaces another CEO.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.