SK Planet to purchase MOCA Coin on open market to adopt Moca Network’s enterprise-scale decentralized identity infrastructure

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October 01, 2025

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Chainwire

Printed: October 01, 2025 at 9:00 pm Up to date: October 01, 2025 at 9:00 pm

Seoul, South Korea, October 2nd, 2025, Chainwire

SK Planet of SK Group, South Korea’s second largest listed firm, at present introduced that it’ll buy MOCA Coin (MOCA) on the open market to allow SK Planet to take part in Moca Community‘s decentralized id community for credential issuance and verification. Moca Community is a flagship venture by Animoca Manufacturers that’s constructing the world’s largest chain-agnostic decentralized digital id community.

The acquisition of MOCA is a part of SK Planet’s initiative to undertake Moca Community’s enterprise-grade decentralized id infrastructure, together with AIR Account and AIR Identification, throughout its ecosystem, introducing zero-knowledge proof expertise and decentralized id verification to SK Planet’s 28 million customers in addition to a excessive customary for person knowledge possession and interoperability.

Via the mixing of Moca Community’s AIR Account and AIR Identification, SK Planet will allow its 95,000 service provider companions to confirm their customers’ personal knowledge with their specific permission, guaranteeing that knowledge possession stays beneath person management and possession. Consumer knowledge generated on SK Planet’s platform can even be instantly verifiable by different AIR Equipment companions, making privacy-preserved knowledge interoperable throughout SK Planet’s ecosystem and past.

Kyosu Kim, chief enterprise officer at SK Planet, stated: “Partnering with Moca Community allows SK Planet to convey decentralized id and privacy-preserving verification to our tens of millions of shoppers and service provider companions. By leveraging AIR Equipment and AIR Pockets, we are able to increase the advantages of OKI Membership and reward our customers with MOCA Coin whereas giving them higher management over their knowledge. This can be a strategic step ahead in aligning with world requirements for person privateness and digital id.”

Kenneth Shek, venture lead of Moca Community, stated: “SK Planet’s buy of MOCA Coin in addition to SK Planet’s integration of AIR Equipment infrastructure and adoption of zero-knowledge proofs mark an essential milestone in returning knowledge possession to customers at an enterprise scale. By becoming a member of Moca Community’s id ecosystem and enabling merchant-side verification with person consent, SK Planet is demonstrating how giant client platforms can undertake decentralized id to ship each privateness and utility. This can be a highly effective validation of our mission to construct a world interoperable id layer powered by MOCA.”

Constructing on the profitable launch of OKI Membership built-in with AIR Pockets in February 2025, SK Planet will additional combine Moca Community’s AIR Identification into its providers, enabling customers to confirm their id and earn rewards from a number of platforms, and make the most of pockets options to handle the acquired rewards, together with through token swaps, staking, and different functionalities.

About Moca Community

Moca Community is constructing the world’s largest chain-agnostic decentralized id community, with privacy-preserved infrastructure for id verifications, and interoperability of customers and knowledge throughout industries and ecosystems. Because the premier id ecosystem created by Animoca Manufacturers, Moca Community is uniquely positioned to leverage Animoca Manufacturers’ ecosystem of over 570 portfolio firms, greater than 700 million addressable customers, and a various vary of enterprise companions. Moca Community makes use of MOCA Coin (MOCA) as its utility and governance token.

Moca Community Weblog: https://moca.community/weblog/

Web site: https://moca.community

X: https://x.com/Moca_Network

Telegram: https://t.me/MocaverseCommunity

Discord: http://discord.gg/MocaverseNFT

About SK Planet

SK Planet is a number one Information & Tech firm in South Korea. Working the nation’s largest built-in rewards service, OK Cashbag, and the Web3 pockets UPTN Station, SK Planet is on the forefront of integrating expertise with user-centric providers. For extra info, please go to http://www.skplanet.co.kr/eng.

Contact

Liane Lau[email protected]

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