KOR Protocol Completes $7.5M Series A on July 8, Backed by 1kx and Blockchain Capital

According to The Block, KOR Protocol, an on-chain creative asset settlement platform built on Coinbase Layer 2, completed a $7.5 million Series A funding round on July 8. The round was led by 1kx and Blockchain Capital at a $100 million valuation.

The platform provides verification, routing, and settlement infrastructure for creative works including music and films. KOR enables creators to connect with brands, platforms, and distributors, while facilitating programmable payments via stablecoins like USDC. The funding will support platform development, ecosystem growth, and partnership integration, with plans to launch a token.