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Empire · October 12, 2026 · 56m

Kamino's Plan To Make Tokenized Assets Actually Useful | Michael Weisz

Michael Weisz, Kamino's new CEO, joins Empire to make the case that tokenized assets only become meaningful once they can be borrowed against. He traces his move from fintech to crypto and lays out Kamino's ambition to serve as the onchain credit layer. The conversation covers Kamino's invisible distribution model, the hurdles of bringing institutions onchain, and why private assets need new lending infrastructure. Weisz and Jason Yanowitz also examine collateral standards, liquidation mechanics, and why his upside is tied to the KMNO token.

This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.

Preview

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Tokenization Needs Borrowing to Matter00:00
The episode opens with the question of whether tokenization is pointless until you can borrow against tokenized assets.
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Kamino Is Building the Onchain Credit Layer10:01
Weisz describes Kamino's mission to build the credit layer for onchain finance.

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