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TRX Cancore raises $7.2 million seed at $60 million token valuation
The Block reports that Cancore, a Canton-based trading platform connecting network assets with liquidity on public blockchains, raised $7.2 million in seed funding. Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures and Proof of Talk backed the round, with no formal lead investor though Paper Ventures and dao5 took the largest allocations, according to the co-founder.
Why “Unverified”
- Reported by The Block alone, with no second source or primary confirmation yet
1 independent source group across 1 post · evidence score 60/100. How labels work
What the sources claim
-
Cancore raised $7.2 million in seed funding.
“has raised $7.2 million in seed funding”
The Block -
The round valued Cancore at a $60 million token valuation.
“raises $7.2 million at $60 million token valuation”
The Block -
Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures and Proof of Talk backed the round.
“Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures and Proof of Talk backed the round”
The Block -
There was no formal lead investor, though Paper Ventures and dao5 took the largest allocations.
“There was no formal lead investor, though Paper Ventures and dao5 took the largest allocations”
The Block
Sources
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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-27 17:00 UTC. Labels are computed from the sources, not by the model.