Cancore raises $7.2 million to develop AI-powered trading for tokenized assets

Cancore aims to revolutionize trading with AI-driven automation and cross-chain liquidity solutions for tokenized assets. Cancore, a cross-chain settlement infrastructure provider built for Canton Network, has secured $7.2 million in seed funding to develop infrastructure that connects tokenized assets on Canton with liquidity across public blockchain networks. The round attracted backing from Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures and Proof of Talk. Cancore is building cross-chain settlement infrastructure for Canton Network, allowing users to exchange Canton-based assets for assets on public blockchains without transferring custody to a centralized exchange or using wrapped tokens. Its atomic-swap mechanism is designed to ensure both sides of a trade settle together or neither does, while users retain control of their signing keys. The platform supports Ethereum, BNB Chain, Arbitrum One and Robinhood Chain, with additional integrations under development. It has been live on Canton mainnet since April 2026 and is a Featured App on the network. By October 1, Cancore had recorded more than $53 million in cumulative volume from over 84,000 trades, alongside ...