
BUSINESSWIRE · 2026-11-03 13:30 UTC
Kamino Commits a Minimum $20 Million to Expand Tokenized Lending as CEO Michael Weisz Outlines Plans for KMNO
Kamino Foundation commits $20 million over 24 months to support growth of its tokenized lending platform on Solana. CEO Michael Weisz projects the tokenized real-world asset market could reach $2.3 trillion by 2030, with a goal of $50 billion in outstanding borrowings within five years. Weisz outlined the Foundation's structure with no shareholders, all revenue accruing to KMNO token holders, and his own vesting tied to valuation milestones.
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