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 company, today announced that it will purchase MOCA Coin (MOCA) on the open market to enable SK Planet to participate in Moca Network 's decentralized identity network for credential issuance and ￰6￱ Network is a flagship project by Animoca Brands that is building the world’s largest chain-agnostic decentralized digital identity ￰7￱ acquisition of MOCA is part of SK Planet's initiative to adopt Moca Network's enterprise-grade decentralized identity infrastructure, including AIR Account and AIR Identity, across its ecosystem, introducing zero-knowledge proof technology and decentralized identity verification to SK Planet's 28 million users as well as a high standard for user data ownership and ￰8￱ the integration of Moca Network’s AIR Account and AIR Identity, SK Planet will enable its 95,000 merchant partners to verify their users’ private data with their explicit permission, ensuring that data ownership remains under user control and ￰9￱ data generated on SK Planet’s platform will also be directly verifiable by other AIR Kit partners, making privacy-preserved data interoperable across SK Planet’s ecosystem and ￰10￱ Kim, chief business officer at SK Planet, said: “Partnering with Moca Network enables SK Planet to bring decentralized identity and privacy-preserving verification to our millions of customers and merchant ￰11￱ leveraging AIR Kit and AIR Wallet, we can expand the benefits of OKI Club and reward our users with MOCA Coin while giving them greater control over their ￰12￱ is a strategic step forward in aligning with global standards for user privacy and digital identity.” Kenneth Shek, project lead of Moca Network, said: “SK Planet’s purchase of MOCA Coin as well as SK Planet’s integration of AIR Kit infrastructure and adoption of zero-knowledge proofs mark an important milestone in returning data ownership to users at an enterprise ￰13￱ joining Moca Network’s identity ecosystem and enabling merchant-side verification with user consent, SK Planet is demonstrating how large consumer platforms can adopt decentralized identity to deliver both privacy and ￰14￱ is a powerful validation of our mission to build a global interoperable identity layer powered by MOCA.” Building on the successful launch of OKI Club integrated with AIR Wallet in February 2025, SK Planet will further integrate Moca Network’s AIR Identity into its services, enabling users to verify their identity and earn rewards from multiple platforms, and utilize wallet features to manage the received rewards, including via token swaps, staking, and other ￰15￱ Moca Network Moca Network is building the world’s largest chain-agnostic decentralized identity network, with privacy-preserved infrastructure for identity verifications, and interoperability of users and data across industries and ￰16￱ the premier identity ecosystem created by Animoca Brands, Moca Network is uniquely positioned to leverage Animoca Brands’ ecosystem of over 570 portfolio companies, more than 700 million addressable users, and a diverse range of enterprise ￰17￱ Network utilizes MOCA Coin (MOCA) as its utility and governance ￰18￱ Network Blog: ￰0￱ ￰1￱ X: ￰2￱ Telegram: ￰3￱ Discord: ￰4￱ About SK Planet SK Planet is a leading Data & Tech company in South ￰19￱ the country’s largest integrated rewards service, OK Cashbag, and the Web3 wallet UPTN Station, SK Planet is at the forefront of integrating technology with user-centric ￰20￱ more information, please visit ￰5￱ Laupress@animocabrands.

com Disclaimer: This is a sponsored press release and is for informational purposes ￰21￱ does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.