Inveo Kripto and iChain Investment Holding, the blockchain-focused entities within Turkey’s Inveo Investment Holding group, signed a Memorandum of Understanding with Moca Network. Moca Network is the flagship decentralized digital identity initiative developed by Animoca Brands.
The agreement establishes a collaboration aimed at expanding regulated Web3 infrastructure and blockchain-enabled financial services throughout Turkey and international markets.
Inveo Kripto operates as a licensed crypto asset service provider under Turkey’s Capital Markets Board framework. Together with iChain Investment Holding, the group delivers a suite of regulated financial offerings.
These include a cryptocurrency exchange, digital asset custody through Misyon Bank, portfolio management via Inveo Portföy, brokerage services through Gedik Yatırım, and venture capital activities via Inveo Ventures. The organization has also pioneered on-chain issuance of digital assets backed by conventional financial instruments.
Moca Network focuses on creating the largest chain-agnostic decentralized identity network.
It emphasizes privacy-preserving verification tools and seamless interoperability across different sectors and blockchain environments.
Backed by Animoca Brands’ portfolio of more than 600 companies and access to hundreds of millions of users, the network utilizes its native MOCA token for utility and governance functions.
The partnership targets the development of verifiable digital identities as a core foundation for Turkey’s growing digital economy.
With a population of 86 million that includes a large, tech-oriented younger demographic and one of the world’s highest rates of cryptocurrency engagement, Turkey presents strong conditions for such advancements. Recent regulatory updates further support blockchain and crypto ecosystem growth.
The collaboration seeks to connect Turkish users with Moca Network’s global ecosystem, opening new possibilities in digital identity management, payment systems, and broader financial services.
A primary area of exploration involves integrating Moca Network’s AIR Kit into Inveo Kripto’s existing platforms and other Turkish financial services.
This toolkit allows individuals to carry a single verified digital identity across multiple applications while supporting reusable regulatory-compliant verification processes, loyalty and rewards programs, stablecoin transactions, and advanced agentic identity features.
The underlying technology runs on Moca Chain, an identity-focused blockchain compatible with Ethereum standards.
Additional cooperation areas include tokenization of real-world assets such as intellectual property, gaming-related items, and capital market instruments; development of stablecoin infrastructure for efficient payments and settlements; creation of fiat on-ramps and off-ramps for crypto and gaming applications; privacy-focused digital identity solutions aligned with Turkish anti-money laundering requirements; and the launch of neobank and digital banking services for retail customers, gamers, and small-to-medium enterprises.
The partners will also pursue joint market entry strategies.
A dedicated joint steering committee will guide these initiatives, ensuring all activities fully comply with Turkish regulations and relevant international standards.
Onur Topaç, Chairman of the Board at Inveo Kripto and iChain Investment Holding, highlighted Turkey’s dynamic digital landscape and the partnership’s potential to scale operations globally while delivering compliant blockchain innovation to the local economy.
He noted that such alliances generate lasting mutual value.
Kenneth Shek, Managing Director of Moca Network, emphasized the shared goal of making verifiable identity accessible and functional everywhere.
He described Inveo Kripto’s operational depth and local expertise as ideal for implementing privacy-preserving identity solutions in Turkey and linking Turkish users to the network’s worldwide partners.
This collaboration positions Turkey as more of an active participant in the global evolution of digital identity and blockchain finance. By combining strong local regulatory capabilities with advanced decentralized identity infrastructure, the initiative aims to deliver practical benefits to millions of users while fostering responsible innovation across financial services and digital economies.