ChainCatcher report, according to The Block, the on-chain clearinghouse for the entertainment sector, KOR Protocol, has announced the completion of a $75 million Series A funding round at a $100 million valuation, with investors including 1kx, Blockchain Capital, and previous backers such as Republic Crypto, Sfermion, Alumni Ventures, and SevenX.
KOR Protocol Completes $7.5M Series A Funding at $100M Valuation
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Summary
KOR Protocol announced a $7.5 million Series A funding round at a $100 million valuation, marking a significant milestone in project funding. The blockchain-based entertainment clearinghouse secured backing from 1kx, Blockchain Capital, Republic Crypto, Sfermion, Alumni Ventures, and SevenX. The protocol update reflects continued momentum in the sector, with key investors demonstrating strong support for its infrastructure-focused approach.
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