Permian Capital Management
Crossover fundSan Francisco · 3 people tracked
Find your way into Permian Capital Management
Sign up to see every warm intro you have to Permian Capital Management
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Permian Capital Management team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Investment thesis
The firm pursues a long-hold thesis focused on non-Bitcoin crypto infrastructure: settlement layers, lending protocols, and tokenization rails that the on-chain financial system runs on. It argues that traditional finance is migrating on-chain and that the value of the underlying protocol infrastructure rises with adoption, citing growth in stablecoin market cap, DeFi total value locked, and institutional entrants. Rather than trading cycles or chasing narratives, it identifies protocols expected to become load-bearing financial infrastructure and holds them with conviction through volatility. It has held core positions such as Aave and Synthetix since around 2018, emphasizing that usage growth eventually translates into price appreciation.
Source: firm website, verified Aug 7, 2026.
Team · 3 people
from the firm's website & curatedWhat they invest in
from 5 of 7 portfolio companiesCrypto & Web3 ×5Fintech ×4Data & Infrastructure ×2
HQs:United States×1
Investments · 7 tracked
founders shown can be your intro pathAave Labs is the original author and contributor to Aave, a decentralized finance (DeFi) protocol for lending and borrowing crypto assets.
Crypto & Web3Fintech
Stani Kulechov(Founder)in
Co-investorsAegis VentuesArkStream CapitalBig Candle CapitalBlockchain CapitalBlockchain CoinvestorsCoinIx Capital+16 more
Chainlink is an oracle platform that connects onchain applications with offchain data and external systems, serving major financial institutions and DeFi protocols with standards for data, interoperability, compliance, and privacy.
Crypto & Web3Data & InfrastructureFintech
Sergey Nazarov(Founder)inSteve Ellis(Founder)
Co-investorsAZDAGBig Candle CapitalBitDAOBlack DragonBlock InfinityBlock54 Capital+17 more
Morpho is a decentralized lending protocol that provides enterprise-grade infrastructure for launching lending products.
Crypto & Web3Data & InfrastructureFintech
Paul Frambot(Founder)inJulien Thomas(Founder)Mathis Gontier Delaunay(Founder)Merlin Egalite(Founder)Merline Egalite(Founder)
Co-investorsa16z cryptoAndreessen HorowitzCathay InnovationEntropy Industrial CapitalFaculty GroupFlowdesk+34 more
Ondo builds institutional-grade platforms, assets, and infrastructure for bringing traditional financial markets onchain, including tokenized public securities and US Treasuries usable in DeFi.
Crypto & Web3FintechNew York, US
Nathan Allman(Founder)inBrendan FlorezinPinku Surana(Founder)
BoardPaul Veradittakit(Director)in
Co-investorsBitDAOChapter OneCoalition OperatorsCoinbase VenturesCoinFundCoinList+12 more
Solana Labs builds products and companies that support growth of the Solana blockchain ecosystem, and provides capital to web3 teams.
Crypto & Web3
Co-investorsAndreessen Horowitz
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
EthereumSynthetix
Portfolio news
latest coverage across their companiesOndo Finance · finance.yahoo.com · Jul 16, 2026
Morpho · finsmes.com · Jun 9, 2026
Frequently asked questions
- How many investments has Permian Capital Management made?
- Permian Capital Management has 7 tracked investments.
- What sectors does Permian Capital Management focus on?
- Permian Capital Management focuses on Crypto & Web3, Fintech.
- Where is Permian Capital Management located?
- Permian Capital Management is headquartered in San Francisco, US.
- Who does Permian Capital Management co-invest with?
- Permian Capital Management most often shares deals with Pantera Capital, Big Candle Capital, Multicoin Capital, among 66 tracked co-investors.
Images
Similar investors
AirTree Ventures runs Pathfinders, a free four-week in-person program in Sydney for young builders (high-school graduates up to age 23) to work on a real product, access the AirTree team and founders, and build a peer network.
Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.
August Capital is a venture capital firm that invests in a small number of companies, providing hands-on support to entrepreneurs building their businesses.
B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.
Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.





















.jpeg)
