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Canton-based trading platform Cancore raises $7.2 million at $60 million token valuation

The Block
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Canton-based trading platform Cancore raises $7.2 million at $60 million token valuation

Cancore, a Canton-based trading platform connecting assets on the network with liquidity on public blockchains, has raised $7.2 million in seed funding. Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures and Proof of Talk backed the round. There was no formal lead investor, though Paper Ventures and dao5 took the largest allocations, Cancore co-founder […]

Key Takeaways

  1. Cancore, a Canton-based trading platform connecting assets on the network with liquidity on public blockchains, has raised $7.2 million in seed funding.
  2. Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures and Proof of Talk backed the round.
  3. There was no formal lead investor, though Paper Ventures and dao5 took the largest allocations, Cancore co-founder […]
Read Full Article on The Block

Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.