Companies › Permian Labs

Permian Labs

New York, New York, USA · ≈17 employees · permianlabs.xyz

Permian Labs is a fintech company founded in 2021 that specializes in blockchain-based financial infrastructure. The company connects decentralized capital with real-world AI hardware, providing financing specifically for GPU and compute assets. Led by CEO David Choi and co-founders Conor Moore and Ivan Sergeev, Permian Labs aims to democratize access to high-performance computing and AI infrastructure. The company develops on-chain credit and structured finance protocols, including the USD.AI stablecoin, which is backed by GPU assets. Other offerings include Tactical Compute, which manages a global hardware infrastructure, and Metastreet, an on-chain structured credit market. Permian Labs has facilitated $358 million in loan volume and arranged a significant $500 million blockchain-backed credit facility for QumulusAI. The company serves AI infrastructure operators and GPU owners, as well as DeFi liquidity providers, focusing on creating legally enforceable credit infrastructure for AI.

Information Technology & Services

Also: software development · ai infrastructure assets · asset management · hardware infrastructure · defi products · financial services · blockchain technology · hardware compute assets · credit analysis · venture capital funding · finance and insurance · defi risk mitigation

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Permian Labs

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