Permian Capital Management
Crossover fundSan Francisco · 3 people tracked
Find your way into Permian Capital Management
664 people in our graph share verified history with the Permian Capital Management team — schools, employers, funds. One of them is your warm intro.
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 & curated
What they invest in
from 4 of 7 portfolio companiesCrypto & Web3 ×4Fintech ×3Data & Infrastructure ×1
HQs:United States×1
Investments · 7 tracked
founders shown can be your intro path
Aave Labs is the original author and contributor to Aave, a decentralized finance (DeFi) protocol for lending and borrowing crypto assets.
Crypto & Web3Fintech
Co-investorsAegis VentuesArkStream CapitalBig Candle CapitalBlockchain CapitalBlockchain CoinvestorsDeFiance Capital+13 more
Morpho is an open-source lending protocol that provides enterprise-grade infrastructure for building yield and lending products across multiple risk profiles and assets.
Crypto & Web3Data & InfrastructureFintech
Paul Frambot(Founder & CEO)in
Co-investorsa16z cryptoAndreessen HorowitzHack VCLauren StephanianMirana VenturesNascent+3 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)in
BoardPaul Veradittakit(Director)in
Co-investorsBitDAOChapter OneCoalition OperatorsCoinbase VenturesCoinFundDigital Currency Group+7 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.
ChainlinkEthereumSynthetix
Portfolio news
latest coverage across their companies
Solana · cryptoslate.com · Sep 7, 2026
Ondo Finance · coinfomania.com · Jul 17, 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, Standard Crypto, Wintermute, among 36 tracked co-investors.
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