KOR Protocol, an on-chain clearinghouse for the entertainment sector, has successfully raised $7.5 million in a Series A funding round, achieving a valuation of $100 million. The funding round saw participation from notable investors including 1kx and Blockchain Capital, alongside existing backers such as Republic Crypto, Sfermion, Alumni Ventures, and SevenX. This investment is expected to bolster KOR Protocol's efforts in enhancing its blockchain-based solutions for the entertainment industry.