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Cancore, which connects the institutional blockchain Canton with public blockchains, said it has raised $7.2 million. The seed round included ArcStream Capital, DAO5, Paper Ventures, X Ventures, Proof of Talk and MH Ventures.
The company plans to build an integrated market by linking institutional assets on Canton with liquidity on public blockchains. Since April, it has processed more than $85 million in transactions on the mainnet between the two networks.