Quick Breakdown
- SK Planet to purchase MOCA Coin on open market to join Moca Network’s identity ecosystem.
- Integration of AIR Account and AIR Identity to bring decentralized identity and zero-knowledge proofs to 28M users.
- 95,000 merchant partners to gain secure, user-consent data verification and reward users with MOCA Coin.
SK Planet, a subsidiary of SK Group and South Korea’s second-largest listed company, has announced plans to purchase MOCA Coin (MOCA) on the open market to integrate Moca Network’s enterprise-scale decentralized identity (DID) infrastructure. The move positions SK Planet to adopt zero-knowledge proof technology and decentralized verification tools across its ecosystem of 28 million users and 95,000 merchant partners.
The initiative, powered by Animoca Brands’ flagship Moca Network, aims to bring verifiable digital identity solutions into mainstream enterprise operations, ensuring user data ownership, interoperability, and enhanced privacy protections.
Enterprise integration of decentralized identity
SK Planet will incorporate Moca Network’s AIR Account and AIR Identity infrastructure, enabling merchants to verify customer data only with explicit user consent. This structure ensures that sensitive information remains user-controlled while making privacy-preserved data verifiable across multiple platforms through Moca’s AIR Kit framework.
The company also plans to integrate its OKI Club loyalty platform with AIR Wallet, allowing customers to earn and manage MOCA rewards. Users will gain access to token swaps, staking, and other DeFi functionalities, embedding blockchain-based incentives into SK Planet’s consumer ecosystem.
📢 SK Planet announces today plans to adopt Moca Network\’s decentralized identity infrastructure and acquire $MOCA on the open market to support an expanded partnership.
This partnership will enable SK Planet’s 95,000 merchant network to verify over 28 million users’ private… https://t.co/n03yvrTkBc pic.twitter.com/tHH8iypgdR
— Mocaverse 🛫TOKEN2049 Singapore 🇸🇬 (@Moca_Network) October 2, 2025
Strategic validation for Moca network
Kyosu Kim, Chief Business Officer at SK Planet, said the partnership will “bring decentralized identity and privacy-preserving verification to millions of customers and merchants, while rewarding users with MOCA Coin and enhancing control over their data.”
Kenneth Shek, project lead at Moca Network, called the deal a milestone for enterprise-scale decentralized identity adoption:
“SK Planet’s purchase of MOCA and integration of AIR Kit demonstrates how consumer platforms can deliver both privacy and utility through decentralized identity.”
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