Cancore Raises $7.2 Million to Connect Canton With Public-Chain Liquidity.

Putting a financial asset on a blockchain is one step. Connecting it with buyers, sellers and capital on other networks is another.

Cancore has raised $7.2 million in seed funding to build that connection between Canton-native assets and public-chain liquidity. The round includes Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures and Proof of Talk.

The company plans to use the funding to add blockchain networks and liquidity sources, expand its agentic trading tools, and develop its security and settlement infrastructure. Its existing connectivity spans Canton, Ethereum Virtual Machine-compatible networks and Tron.

A Platform Already Processing Trades

Cancore has operated on Canton mainnet since April 2026, serving as both a validator and a Featured App.

According to the company, as of October 1, the platform had processed more than $53.2 million in lifetime trading volume across more than 84,000 trades, generating over $538,000 in protocol revenue.

Those figures provide a dated snapshot ahead of the funding announcement. Cancore subsequently reported 125,000-plus lifetime trades on October 14; that later update did not provide corresponding revenue or trading-volume figures.

Cancore calls its infrastructure a “Liquidity OS for Tokenized Finance.” Its intended role is to give users a way to trade Canton-native assets, including tokenized real-world assets, against liquidity available on supported public blockchains.

How the Cross-Chain Trades Work

Cancore combines a self-custody wallet with atomic settlement. Users retain their own keys, while the settlement process is designed so that a swap completes on both networks or funds can be recovered through the refund process.

For a trader, the purpose is straightforward: exchanging assets across two networks should not leave one side of the transaction paid while the other remains unpaid.

This infrastructure addresses a practical challenge for tokenized finance. Issuing an asset onchain does not, by itself, make that asset easy to trade. Investors still need access to counterparties, trading venues and a reliable way to settle transactions.

Blockster’s recent coverage of JPMorgan’s tokenized cash and BNY’s Treasury financing examined another part of that challenge: making digital representations of money and investments useful in everyday financial transactions. Cancore is pursuing the connection between assets and liquidity across networks.

Bringing AI Into the Trading Workflow

Cancore also supports AI-assisted actions through a Model Context Protocol, or MCP, server—a connection that lets AI applications interact with the platform.

In its documented wallet approval workflow, an agent proposes a transaction, and the owner reviews and signs it in their own wallet. The model does not receive the user’s private key. Proposing a trade and having authority to execute it are separate permissions.

On October 15, Cancore also announced agentic trading through dedicated bot accounts, describing autonomous execution within user-defined limits. Users can create up to five bot accounts with separate balances and allocate the funds each can use.

Availability depends on the workflow. Cancore’s current agentic trading documentation distinguishes wallet-approved requests, programmatic trading and separate bot accounts from its AI-driven bot-daemon preview. Its setup guide describes that preview as a release candidate and says access to bot accounts is being opened in stages.

The funding announcement outlines plans to develop the tools further, allowing users to build and deploy trading agents that execute strategies, rebalance portfolios, allocate capital and interact with liquidity. Those plans expand on existing capabilities rather than marking the platform’s first use of trading automation.

What the Funding Will Build

Alongside its AI tools, Cancore plans to bring additional tokenized real-world assets and liquidity onto Canton. The goal is a single execution layer through which users and their trading agents can interact with Canton-native assets and supported public-chain markets.

For its investors, the opportunity lies in the infrastructure connecting those markets. Paper Ventures General Partner Danish Chaudhry compared that role with clearing, settlement and prime brokerage in traditional finance—the services that allow capital to move between venues.

“Tokenization is bringing a growing range of financial assets onchain, but making those assets programmable is the next step.”

— Wasif Rashid, Co-founder and CEO, Cancore

Cancore’s next phase will depend on expanding both sides of that connection: the assets available to trade and the liquidity available to trade against. The $7.2 million round will fund that expansion, alongside the settlement systems and agent tools needed to support it.