- Kamino named Yieldstreet veteran Michael Weisz CEO and is opening a New York headquarters to push tokenized real-world assets toward institutional credit markets.
- Solana’s RWA value has topped $4 billion but the assets are barely borrowed against, and Kamino, the largest RWA lending platform on the network, is betting the next phase is usable collateral, not more tokens.
- The test is whether tokenized value converts into sustained borrowing demand.
On Tuesday, Kamino has appointed Michael Weisz as the chief executive and announced the establishment of an institutional team in New York City, which focuses on a more important question than whether real-world assets (RWAs) can be tokenized: can the approximately $4 billion worth of RWAs on Solana be leveraged for loans instead of sitting stagnant?
On this front, Solana has answered the first question. The total value of RWAs on Solana reached over $4 billion in August across more than 350,000 wallets. The largest borrowing protocol in Solana, Kamino, decided that the next stage must come from converting the tokenized value into continuous demand for lending.
Why a Yieldstreet veteran is running a Solana protocol
Weisz co-founded Yieldstreet, known as Willow Wealth, where he took part in growing distribution for private-market investments. While announcing his move to Kamino on his LinkedIn account, he also emphasized that tokenization was just the beginning of it all. In order for the market to work, it also needs liquidity, credit, distribution, and infrastructure. Kamino also announced his appointment on its X account.
We are thrilled to announce Michael Weisz (@WeiszM) as the new CEO of Kamino After more than a two decades in fintech and private markets, Michael joins Kamino to lead us into our next chapter of institutional growth, and expand Kamino to the US market.
— Kamino (@kamino) September 15, 2026
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FAQs
Who is Kamino's new CEO?
Michael Weisz, who spent two decades in private markets and fintech including building regulated distribution at Yieldstreet, now Willow Wealth, was named CEO of Kamino on September 15, 2026, according to Kamino's announcement on X.
How large is Solana's real-world asset market?
Solana's RWA value passed $4 billion in August 2026 across more than 350,000 addresses, according to the Solana Foundation, though Allium found the network holds just 12% of on-chain RWA market cap despite handling 32% of spot volume.
What does Solana's Transaction V1 upgrade change?
It raised the maximum transaction size from 1,232 to 4,096 bytes when it went live on mainnet on September 15, 2026, letting complex operations like large multisigs and zero-knowledge proofs complete in one atomic transaction, according to Cryptopolitan's reporting.
Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Ibiam Wayas
Ibiam Wayas has covered the crypto news beat since 2019. He studied Computer Science at National Open University of Nigeria. His work has appeared on various crypto news platforms, including Coinfomania, Crypto News Australia, and AltcoinBuzz. Drawing on his background in Computer Science, he now focuses on crypto, robotics, and longevity news.
