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Kamino Reaches $1.4B in Managed Assets, Appoints Yieldstreet Co-Founder Michael Weisz as CEO and Expands into Wall Street

Source: www.coindesk.com Event types: Online/Update
Odaily News: Solana lending protocol Kamino has announced the appointment of Yieldstreet co-founder Michael Weisz as Chief Executive Officer, with plans to establish its headquarters in New York. Kamino currently manages assets totaling $1.4 billion.Kamino plans to expand its lending business for tokenized real-world assets, covering blockchain-based home equity loans, and to strengthen ties with Wall Street institutions.Kamino stated that the platform has processed over $650 billion in cumulative transaction volume over the past four years; its PRIME lending market surpassed $600 million in deposits within 107 days of launch. (CoinDesk)

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