Kamino appoints Yieldstreet co-founder Michael Weiss as CEO
- —Weiss co-founded Yieldstreet, which originated over $6 billion and raised more than $250 million in investment
- —Kamino's deposits reached $2.29 billion by the end of Q2 2026, with revenue of $1.84 million
- —The Ethena market attracted more than $500 million, while the PRIME segment based on home-equity-backed loans exceeded $600 million
- —In August 2026, a Commodity Yield vault was launched with $25 million in initial USDC capacity
Why it matters: The arrival of a top executive from TradFi signals that Solana protocols are targeting institutional markets and U.S. expansion.
Source: Crypto Briefing