Canton-based Cancore raises $7.2M at $60M token valuation
- —Cancore raised $7.2M in seed funding at a $60M token valuation
- —Backers include Paper Ventures, dao5, ArkStream, X Ventures, MH Ventures and Proof of Talk
- —No formal lead investor; Paper Ventures and dao5 took the largest allocations
- —The platform links Canton Network assets to liquidity on public blockchains
Why it matters: The raise supports connecting institutional Canton Network assets to public blockchains, where demand for tokenized assets keeps growing.
Source: The Block