Cancore Raises $7.2 Million Seed Round to Connect Canton With Public-Chain Liquidity
Dubai, UAE, October 28th, 2026, Chainwire
Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures, and Proof of Talk back the expansion of Cancore’s tokenized finance and agentic trading infrastructure
Cancore, a Canton-native platform connecting tokenized assets with public-chain liquidity, today announced a $7.2 million seed round backed by Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures and Proof of Talk.
The platform has been live on Canton mainnet since April 2026, where Cancore operates as a validator and Featured App. As of October 1, Cancore had processed more than $53.2 million in lifetime volume across more than 84,000 trades and generated more than $538,000 in protocol revenue.
“Canton has built strong institutional foundations, and the next step is opening it to broader market liquidity,” said Ye Su, General Partner at ArkStream. “Cancore is taking a practical approach, with live volume and revenue from day one. We’re pleased to back a team focused on real usage over hype.”
Cancore is building an execution layer for Canton-native assets, including tokenized real-world assets (RWAs), and liquidity on public blockchain networks. The company refers to this infrastructure as its Liquidity OS for Tokenized Finance.
“Tokenization is bringing a growing range of financial assets onchain, but making those assets programmable is the next step,” said Wasif Rashid, co-founder and CEO of Cancore. “We see a future where users can deploy capital across tokenized assets and use agents to execute strategies and manage positions on their behalf.”
Cancore uses atomic settlement to execute transactions between Canton and supported public networks, with transactions designed to either complete in full or fail without partial execution. Users hold their own keys through Cancore’s self-custody wallet, and swaps settle atomically: each trade either completes on both networks or is refunded.
The platform also supports agentic execution through an MCP server that allows users to automate platform actions and delegate execution to AI. Cancore plans to develop this further by allowing users to build and deploy their own trading agents to execute strategies, rebalance portfolios, allocate capital, and interact with liquidity.
Alongside its agentic trading infrastructure, Cancore plans to bring additional RWAs and liquidity onto Canton. The broader goal is to enable trading agents to operate across Canton-native assets, RWAs, and public-chain liquidity through a single execution layer.
“In traditional markets, much of the value sits with the infrastructure that moves capital between venues: clearing, settlement, prime brokerage,” said Danish Chaudhry, General Partner at Paper Ventures. “Tokenized markets will need the same layer, and between Canton and public chains it barely exists today. Cancore is building it to the security standard institutions expect, and we think this team is well placed to define how tokenized capital moves across networks.”
Cancore will use the new capital to expand to additional blockchain networks and liquidity sources and continue investing in its agentic trading, security, and settlement infrastructure as it expands beyond its current Canton, EVM, and Tron connectivity.