Kamino CEO: Will invest at least $20 million over the next two years to expand its business

on November 3, according to a community letter published by Kamino CEO Michael Weisz, the Kamino Foundation holds the project's intellectual property rights and receives all revenue, including from institutional partnerships. KMNO is the project's only token, with compensation for founders, investors, the team, and Weisz himself tied to this token, with no separate equity allocation.

Weisz stated that Kamino has committed to investing at least $20 million over the next two years to expand the range of assets supported on the platform and roll out its credit and liquidity infrastructure to additional platforms. He also noted that the majority of his personal KMNO allocation will only vest after achieving and maintaining a series of valuation milestones.