Animoca Brands’ digital identity project Moca Network has formed a strategic partnership with OKX Ventures to support developers building applications on its infrastructure. The deal will also combine investment opportunities with access to the exchange operator’s wallet, payment and onboarding services.
OKX Ventures previously participated in the $10 million funding round announced for Mocaverse in November 2024. This latest collaboration focuses on identifying, backing and scaling projects within the wider Moca Network ecosystem.
Its most concrete financial commitment is OKX Ventures will allocate a portion of its existing MOCA token reserves to co-investment opportunities. Neither the size of this allocation nor a deployment timetable has been disclosed. Selected projects could also receive follow-on investment from Animoca Brands and OKX Ventures.
Projects will build using Moca Network’s identity infrastructure, including AIR Kit and Moca Chain. The goal is to make digital identities, credentials and reputation usable across different applications, giving developers a shared foundation for services that would otherwise maintain separate user accounts and records.
For games, potential applications could include recognizing a player’s credentials across titles, providing access based on verified participation, or offering rewards linked to an established identity.
OKX’s contribution also extends beyond capital. Selected teams will gain access to payment and on-ramp services, OKX Wallet integration and other ecosystem resources. That could help address a persistent obstacle for consumer blockchain applications: turning an interested visitor into an active user without requiring several unfamiliar financial steps.
Moca Network points to Animoca’s portfolio of more than 600 companies and over 700 million addressable users as its potential distribution base. Those figures describe the opportunity available through its ecosystem, rather than the number of people actively using Moca’s identity products.