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System 9 raised $5.7m in Series A funding

Los Angeles based digital asset market-making firm focused on the alt-coin market raised $5.7m in Series A funding led by Capital6 Eagle. 

Marc Orenstein, CFO of System 9, was previously CIO at Blockweather Holdings, a long/short volatility crypto fund. He also founded Observa Capital, a systematic long/short equity fund backed by an ex-Partner of Goldman Sachs, as well as being a portfolio manager at Davis Capital Management. His career began at Bear Stearns in Convertible Bonds, and at JP Morgan as a listed equity trader.

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crypto