By Blockchain News | Created at 2025-03-13 08:04:53 | Updated at 2025-03-13 12:02:16
4 hours ago
Darius Baruo Mar 13, 2025 07:56
Moca Network partners with Plume to integrate digital identity infrastructure, offering privacy-preserved institutional-grade RWA yield to over 700 million users.
Moca Network and Plume Forge Strategic Partnership
Moca Network has announced a strategic partnership with Plume, a pioneering L1 RWA Chain developed specifically for real-world asset finance (RWAfi), according to Animoca Brands. This collaboration aims to integrate Moca Network's AIR Kit digital identity infrastructure into Plume's ecosystem, thereby enabling users to access institutional-grade real-world asset yield and staking products.
Expanding Access to Institutional-Grade Yield
The integration will allow Moca Network's AIR Kit to be fully compatible with Plume's RWAfi ecosystem. This compatibility will empower projects developed on Plume to create and embed universal accounts within apps, and facilitate credential verification for rewards and access. This move opens up opportunities for over 700 million addressable users from Moca Network’s partner ecosystems, such as SK Planet, OneFootball, and MyAnimeList, to leverage their universal AIR account and identity for accessing Plume’s comprehensive RWAfi hub.
Enhancing Digital Identity and Asset Interaction
The collaboration brings together Moca Network’s expansive reach—stemming from Animoca Brands’ portfolio of over 540 companies—and Plume's expertise in real-world asset finance. This partnership aims to redefine the interaction between real-world assets and digital identities, fostering a more open internet. Kenneth Shek, project lead of Moca Network, emphasized the importance of RWAfi as a cornerstone of tokenization, highlighting the need for self-sovereign and privacy-preserved digital identities as the industry evolves.
Synergizing Real-World Assets with Digital Identity
Chris Yin, CEO of Plume Network, expressed enthusiasm about the partnership, noting that Moca Network's advanced digital identity infrastructure complements Plume’s mission of integrating real-world assets seamlessly. This synergy is expected to unlock new opportunities for users worldwide, advancing the integration of RWAfi with interoperable digital identity solutions.
About the Partners
Moca Network, a flagship project of Animoca Brands, focuses on building a chain-agnostic digital identity infrastructure for the open internet. It provides a universal account for users' assets, identity, and reputation across multiple ecosystems, powered by MOCA Coin.
Plume, on the other hand, is the first full-stack L1 RWA Chain designed for RWAfi. It supports over 180 projects, offering an EVM-compatible environment for managing diverse real-world assets and facilitating seamless DeFi integration.
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