Igor Sol // Building a Distribution Layer for RWAs on Solana

Igor Sol (Founder of Kormos, ex-Morgan Stanley, ex-deputy CIO of a $20bn private equity fund) breaks down why real-world assets haven’t scaled in DeFi, and what Kormos is building to fix it.

The problem isn’t the technology. It’s three things: redemption periods that DeFi users won’t tolerate, compliance friction that limits the addressable market, and vault infrastructure that wasn’t designed for RWA risk profiles. Igor walks through each one and then explains how Kormos approaches them, using fractional reserve logic borrowed from traditional banking, applied on-chain on Solana.

He also covers the current RWA landscape on Solana, including protocols such as Ondo, Hastra-Fi, Huma Finance, and Nest, and explains where Kormos fits within the category as a distribution layer.