Cancore raises $7.2M seed round to connect Canton with public-chain liquidity

Cancore, a platform connecting tokenized assets on Canton with liquidity on public blockchains, has raised $7. 2 million in a seed funding round. Investors include Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures, and Proof of Talk.

The platform has been live on Canton mainnet since April 2026, operating as both a validator and a Featured App. As of October 1, Cancore had processed more than $53. 2 million in cumulative trading volume across more than 84,000 trades and generated over $538,000 in protocol revenue, according to the company.

Cancore is developing infrastructure designed to connect Canton-native assets, including tokenized real-world assets (RWAs), with liquidity across public blockchain networks. "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. " The company describes its approach as a “Liquidity OS for Tokenized Finance,” focused on enabling asset execution and liquidity access across blockchain ecosystems. Cancore uses atomic settlement to execute transactions between Canton and supported public blockchain networks.

The company said the mechanism is designed to ensure that transactions either complete fully or fail without partial execution. Users retain control of their private keys through Cancore's self-custody wallet, while swaps are designed to settle across both networks or be refunded. "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. " The platform also supports automated execution through a Model Context Protocol (MCP) server, which allows users to automate actions and delegate certain tasks to AI systems. Cancore plans to expand these capabilities by enabling 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 add more real-world assets (RWAs) and liquidity to Canton. The broader goal is to allow trading agents to interact with Canton-native assets, tokenized RWAs and public-chain liquidity through a single execution layer. The company will use the new funding to connect additional blockchain networks and liquidity sources and continue developing its agentic trading, security, and settlement infrastructure.

"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 currently supports connectivity across Canton, Ethereum Virtual Machine (EVM)-compatible networks, and Tron, according to the company.