Canton Ecosystem Trading Platform Cancore Completes $7.2M Seed Round

October 28: According to The Block, Cancore, a trading platform built on Canton Network, has completed a $7.2 million seed round at a fully diluted token valuation of $60 million. The round had no lead investor and was raised entirely in SAFT form for its planned CNRX token, with Paper Ventures and dao5 receiving the largest allocations and ArkStream Capital, X Ventures, MH Ventures and Proof of Talk participating. Cancore aims to connect tokenized real-world assets on Canton with stablecoin and DeFi liquidity on other public chains, and has processed more than $86 million across over 160,000 transactions since launching on Canton mainnet in April this year.