Cancore, a trading platform built on Canton, announced a $7.2 million seed funding round on October 28, backed by Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures and Proof of Talk. The platform aims to connect Canton assets with other blockchains, increase trading liquidity and develop its security features, automated trading tools and artificial intelligence agents. As of October 1, it reported processing more than $53.2 million in trading volume across 84,000 trades and generating more than $538,000 in protocol revenue. CC rose toward $0.1007 on trading volume higher than that of the previous four days, but remained below its recent price averages and continued its broader decline for the month.
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