The on-chain infrastructure project KOR Protocol, aimed at the entertainment and creative industries, has completed a $7.5 million Series A funding round, with a valuation of $100 million. Investors include crypto investment firms 1kx, Blockchain Capital, and others. KOR Protocol is building an on-chain creative asset clearing platform for registering, verifying, and settling creative works like music and films, while enabling programmable revenue sharing to creators and rights holders using stablecoins like USDC. KOR stated that the funds from this round will be used for platform development, ecosystem growth, and partner integration, with plans to launch a token. (The Block) https://(wublock123.com)/news/kor-protocol-raises-7-5m-series-a-valued-100m-64170