Overview
Permian Labs, the NYC-based developer of USD.AI and provider of strategic, non-dilutive financing facilities essential for the scale of AI infrastructure operators, secured a $40m stablecoin-based revolving debt facility from K3 Capital. The company intends to use the funds to launch new financing products. The facility, which builds on an existing liquidity relationship between K3 and USD.AI, provides USD.AI with short-term credit collateralized by sUSDai, which can be drawn, repaid and reused ...See more
Website
https://www.permianlabs.xyz/Upgrade to view team
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Funding Rounds (1)
$40.0M
Announced on 9/16/2026
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