[On-Chain Settlement Platform KOR Protocol Completes $7.5 Million Series A Financing, with Participation from 1kx and Others] According to The Block, KOR Protocol, a platform focused on the entertainment sector, has completed a $7.5 million Series A financing round, with participation from 1kx, Blockchain Capital, and others, valuing the company at $100 million. The funds from this round will be used for platform development, ecosystem growth, and partner integration, with plans to launch a token. KOR Protocol is an on-chain creative asset settlement platform built on Coinbase Layer 2, providing verification, routing, and settlement infrastructure for creative works such as music and films. By registering assets on-chain, KOR helps creators connect with suitable brands, platforms, and distributors, enabling programmable revenue sharing payments through stablecoins like USDC.