Canton crypto: Cancore announces $7.2M round as CC rebounds toward $0.10

Cancore, a trading platform built on Canton, announced a $7.2 million seed round on October 28. Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures, and Proof of Talk backed the financing. The company plans to connect assets on Canton with more buyers, sellers, and funds on other blockchains. Its expansion wants to make assets easier to trade across separate networks, which is a practical challenge for tokenized finance. Connecting Canton with other markets Cancore has operated on Canton’s main network since April, according to its announcement.