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System 9 Scores $5.7M

Los Angeles-based System 9, a startup in the crypto token market, says it has raised $5.7M in a funding round. The funding was led by Capital6 Eagle (C6E), plus Kronos Asset Management, C2 Ventures, Gate Ventures, Ascendex Ventures, along with others. System 9 says it is providing software-based trading services to token issuers and digital asset exchanges, and is led by co-founder and CEO Peter Sokolow.