KOR Protocol raises $7.5M Series A from 1kx and Blockchain Capital to build an onchain clearinghouse for creative works licensing and royalty payouts.
VC & Fundraising ·
KOR Protocol has secured $7.5 million in Series A funding led by 1kx and Blockchain Capital, valuing the project at $100 million. The protocol is building an onchain clearinghouse designed to register and route creative works while automating royalty payouts to rights holders.
The infrastructure addresses coordination gaps in digital rights management by consolidating licensing and payment flows onto blockchain. By centralizing these functions onchain, the protocol aims to streamline how rights are tracked and how revenue reaches creators and other stakeholders across multiple works and platforms.
The fundraise underscores investor interest in crypto-native solutions for creative economy infrastructure, though specific use cases, timeline to launch, or technical details of how the clearinghouse will operate remain undisclosed.