Moca Network and Plume Join Forces to Offer Enhanced Privacy and Institutional-Grade RWA Yield

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 have partnered to integrate the latter's L1 RWA Chain with the former's AIR Kit digital identity infrastructure, offering over 700 million users access to privacy-preserved institutional-grade RWA yield and staking products.

Announced via Animoca Brands, the partnership aims to bring together Moca Network's vast network, stemming from Animoca Brands' portfolio of over 540 companies, with Plume's expertise in real-world asset finance. Together, they hope to fundamentally alter the interaction between real-world assets and digital identities, fostering a more open internet.

"As RWAfi becomes a more integral part of Web3, the industry needs self-sovereign and privacy-preserved digital identities to evolve with it," stated Kenneth Shek, project lead of Moca Network."With AIR Kit, we're offering users the power to choose how their identity and assets interact within this evolving Web3 landscape."

This integration will render Plume fully compatible with Moca Network's AIR Kit. In turn, projects building on Plume will be able to create and embed universal accounts within their apps and easily perform credential verification for users to claim rewards and gain access.

Specifically, this move unlocks 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.

"We're excited to see how Moca Network's advanced digital identity infrastructure will complement our mission at Plume to integrate real-world assets seamlessly," said Chris Yin, CEO of Plume Network. "This partnership will forge new opportunities for users around the world as we continue to push the boundaries of RWAfi and interoperable digital identity solutions."

About Moca Network

Moca Network is a flagship project of Animoca Brands, focusing 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.

About Plume Network

Plume is the first full-stack L1 RWA Chain designed for RWAfi. It currently supports over 180 projects, offering an EVM-compatible environment for managing diverse real-world assets and facilitating seamless DeFi integration.

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