SK Planet to purchase MOCA Coin on open market to adopt Moca Network’s enterprise-scale decentralized identity infrastructure
Seoul, South Korea, October 2nd, 2025, Chainwire
SK Planet of SK Group, South Korea’s second largest listed firm, immediately introduced that it’s going to purchase MOCA Coin (MOCA) on the open market to allow SK Planet to take part in Moca Network‘s decentralized identity community for credential issuance and verification. Moca Network is a flagship undertaking by Animoca Brands that’s constructing the world’s largest chain-agnostic decentralized digital identity community.
The acquisition of MOCA is a part of SK Planet’s initiative to adopt Moca Network’s enterprise-grade decentralized identity infrastructure, together with AIR Account and AIR Identity, throughout its ecosystem, introducing zero-knowledge proof know-how and decentralized identity verification to SK Planet’s 28 million customers in addition to a high commonplace for person information possession and interoperability.
Through the combination of Moca Network’s AIR Account and AIR Identity, SK Planet will allow its 95,000 service provider companions to confirm their customers’ non-public information with their specific permission, guaranteeing that information possession stays underneath person management and possession. User information generated on SK Planet’s platform may also be straight verifiable by different AIR Kit companions, making privacy-preserved information interoperable throughout SK Planet’s ecosystem and past.
Kyosu Kim, chief enterprise officer at SK Planet, stated: “Partnering with Moca Network allows SK Planet to convey decentralized identity and privacy-preserving verification to our thousands and thousands of shoppers and service provider companions. By leveraging AIR Kit and AIR Wallet, we are able to develop the advantages of OKI Club and reward our customers with MOCA Coin whereas giving them better management over their information. This is a strategic step ahead in aligning with international requirements for person privateness and digital identity.”
Kenneth Shek, undertaking lead of Moca Network, stated: “SK Planet’s purchase of MOCA Coin in addition to SK Planet’s integration of AIR Kit infrastructure and adoption of zero-knowledge proofs mark an vital milestone in returning information possession to customers at an enterprise scale. By becoming a member of Moca Network’s identity ecosystem and enabling merchant-side verification with person consent, SK Planet is demonstrating how massive shopper platforms can adopt decentralized identity to ship each privateness and utility. This is a strong validation of our mission to construct a worldwide interoperable identity layer powered by MOCA.”
Building on the profitable launch of OKI Club built-in with AIR Wallet in February 2025, SK Planet will additional combine Moca Network’s AIR Identity into its companies, enabling customers to confirm their identity and earn rewards from a number of platforms, and make the most of pockets options to handle the obtained rewards, together with through token swaps, staking, and different functionalities.
About Moca Network
Moca Network is constructing the world’s largest chain-agnostic decentralized identity community, with privacy-preserved infrastructure for identity verifications, and interoperability of customers and information throughout industries and ecosystems. As the premier identity ecosystem created by Animoca Brands, Moca Network is uniquely positioned to leverage Animoca Brands’ ecosystem of over 570 portfolio corporations, greater than 700 million addressable customers, and a various vary of enterprise companions. Moca Network makes use of MOCA Coin (MOCA) as its utility and governance token.
Moca Network Blog: https://moca.network/blog/
Website: https://moca.network
Telegram: https://t.me/MocaverseCommunity
Discord: http://discord.gg/MocaverseNFT
About SK Planet
SK Planet is a number one Data & Tech firm in South Korea. Operating the nation’s largest built-in rewards service, OK Cashbag, and the Web3 pockets UPTN Station, SK Planet is on the forefront of integrating know-how with user-centric companies. For extra data, please go to http://www.skplanet.co.kr/eng.
Contact
Liane Lau
press@animocabrands.com
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