What is System 9?
Founded in 2018 and headquartered in Los Angeles, California, System 9 operates as a specialized digital asset market-making firm. The company focuses on providing liquidity and price efficiency within the alt-coin market, a sector characterized by high volatility and fragmented trading environments. By leveraging sophisticated algorithmic trading models, System 9 bridges the gap between institutional-grade financial infrastructure and the burgeoning decentralized asset class. Their market position is defined by a commitment to high-frequency execution and robust risk management, enabling them to serve as a critical liquidity provider for various digital asset exchanges and platforms. As the firm matures, it continues to refine its technical stack to better address the evolving demands of global crypto-asset participants.
How much funding has System 9 raised?
System 9 has raised a total of $5.7M across 1 funding round:
Series A
$5.7M
Series A (2022): $5.7M with participation from C2 Ventures, Capital6 Eagle, and Kronos Asset Management
Key Investors in System 9
C2 Ventures
An investment firm focused on early-stage and growth-stage opportunities within the digital asset and blockchain technology sectors.
Capital6 Eagle
Capital6 Eagle is an AI-focused venture capital firm that specializes in investments across the artificial intelligence industry, supporting entrepreneurs and innovators in the robotics sector and AI computing infrastructure.
Kronos Asset Management
Kronos Asset Management is a financial services firm based in Rio de Janeiro, Brazil, providing specialized asset management and investment solutions.
What's next for System 9?
The recent capital allocation is expected to accelerate System 9's expansion into new trading venues and enhance its algorithmic capabilities. By prioritizing the development of more resilient market-making infrastructure, the firm is positioning itself to capture greater market share as institutional interest in alt-coins persists. The strategic backing from its current investor base provides the necessary runway to scale operations, recruit top-tier quantitative talent, and navigate the regulatory landscape with increased agility. Moving forward, System 9 will likely focus on diversifying its asset coverage and deepening its integration with major global liquidity pools, ensuring it remains at the forefront of the digital asset evolution.
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