SINGAPORE – System 9, a Los Angeles, CA-based digital asset market-making company focused on the alt-coin market, closed a $5.7m equity financing round.
The round was led by Capital6 Eagle with participation from Kronos Asset Management, C2 Ventures, Gate Ventures, Ascendex Ventures, as well as several blockchain investors. The company intends to use the funds to further scale the technology infrastructure & business operations supporting its proprietary market-making, and to expand its service offerings.Led by Peter Sokolow, CEO, Marc Orenstein, CFO, and Joshua Baker, COO, System 9 is a digital asset market making firm providing software-based trading services to token issuers and digital asset exchanges to build liquidity, increase stability, and augment price discovery. With additional offices in London, and Singapore, System 9 has grown over the past two years and is now servicing more than 80 clients.25/06/2022
