[Cancore Raises $7.2 Million Seed Funding Round, Paper Ventures and Others Participate] Odaily Planet Daily reports that Cancore, a cross-chain trading platform built on the Canton network, has raised $7.2 million in seed funding. The round was conducted via a Simple Future Token (SAFT) protocol, valuing its planned CNRX tokens at a fully diluted (FDV) of $60 million. Participants included Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures, and Proof of Talk, with Paper Ventures and dao5 receiving the largest stakes. Cancore co-founder and CEO Wasif Rashid stated that the company began contacting investors in June, officially launched the fundraising in July, and completed the round in mid-September. (The Block)