Permian Labs, led by David Choi, is a cutting-edge blockchain development firm known for its flagship project, MetaStreet. Specializing in NFT financialization and liquidity solutions, MetaStreet aims to bridge traditional finance and DeFi by enabling new credit markets for digital assets. Choi’s deep background in investment banking and on-chain experimentation, including his work with Taureon, positions Permian Labs as an influential player in the evolving crypto landscape. With early-stage investments in projects like Ethena, Neutron, and Chainflip, the firm reflects a forward-thinking approach to digital asset infrastructure and decentralized finance innovation.
David Choi Overview
David Choi - About
David Choi is the founder of Permian Labs, the development team behind MetaStreet, and has been actively investing and advising in the digital asset space since 2016. His background includes experience in investment banking at Deutsche Bank, where he worked on major deals such as the Unibail-Rodamco merger with Westfield Properties ($24.7 billion) and Scientific Games' acquisition of NYX Gaming ($632 million).
Permian Labs is positioned as an innovation hub for blockchain-based projects, with MetaStreet being a key initiative. MetaStreet focuses on financialization within the NFT space, providing liquidity solutions and novel DeFi mechanisms tailored for digital assets. Through Taureon, Choi has been involved in mempool-based strategies, on-chain experimentation, and early-stage investments in projects like Memeland, Ethena, Neutron, XAI Games, Chainflip, and Algorand.
His career trajectory highlights a blend of traditional finance expertise and cutting-edge crypto development, making him a significant figure in the intersection of decentralized finance (DeFi) and venture capital. If you need a deeper review of a specific fund related to Permian Labs or Taureon, let me know, and I can refine the analysis further.
David Choi - Industries
David Choi – Investments
| Project | Score | Date | Price | Status | Industry |
|---|---|---|---|---|---|
 Holograph | 72 | 13 Jul | N/A | Past | |
 Saturn Labs | 51 | 15 Jan | N/A | Past |