Moca Network, the digital identity project from Animoca Brands, has signed a Memorandum of Understanding with Turkish firms Inveo Kripto and Ichain Investment Holding. The goal is to build regulated Web3 infrastructure in Türkiye.
The partnership focuses on deploying Moca's AIR Kit. This technology enables reusable digital identity verification and stablecoin transactions across platforms, eliminating repetitive KYC processes.
The collaboration will also explore real-world asset tokenization and compliant digital banking solutions. Inveo Kripto is licensed by Türkiye's Capital Markets Board, providing a regulated foundation for the initiative.
Türkiye is a strategic choice, consistently ranking among the top five countries globally for cryptocurrency adoption. The move aligns with the broader ecosystem of Animoca Brands, which spans over 600 companies in gaming and blockchain.
This partnership is part of the development roadmap for Moca Chain, an identity-centric, EVM-compatible Layer-1 blockchain. Its testnet is anticipated in the third quarter of 2025.
For investors, the key indicators to watch are the deployment timelines for the AIR Kit integrations on Turkish platforms and the progress of the Moca Chain testnet and mainnet launches.