Solana lender Kamino taps Yieldstreet co-founder as CEO in Wall Street expansion
Solana-based lending platform Kamino has appointed Michael Weisz, co-founder of Yieldstreet, as its new CEO to spearhead a strategic expansion into Wall Street. The company aims to bridge traditional finance and blockchain by focusing on the tokenization of real-world assets.
Why it matters
This move signals the increasing institutional interest in integrating blockchain technology with traditional financial assets, potentially scaling the tokenized securities market.
On Tuesday, the company named Yieldstreet co-founder Michael Weisz as CEO to lead that push. Kamino said it is looking at roughly 20,000 square feet of office space in New York and plans to hire a chief financial officer and head of legal.
Weisz co-founded alternative investment platform Yieldstreet, now Willow Wealth, which deployed more than $6 billion alongside firms including Goldman Sachs, Carlyle, KKR and Ares.
"Being in New York puts Kamino at the intersection of the asset managers, distribution platforms and institutional capital that will define the next phase of on-chain finance," Weisz said.
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