1kx, Blockchain Capital back $7.5 million KOR Protocol Series A at $100 million valuation

The Block·

1kx, Blockchain Capital back $7.5 million KOR Protocol Series A at $100 million valuation

60-second summary

KOR Protocol secures $7.5 million in Series A funding from 1kx and Blockchain Capital, valuing the company at $100 million. The onchain clearinghouse aims to register and route creative works while paying out rights holders.

KOR Protocol is building an onchain clearinghouse that helps register and route creative works and pay out rights holders.