Inveo Kripto, and Ichain Investment Holding, together forming the blockchain arm of the Inveo Investment Holding group – one of Türkiye’s leading financial ecosystems – and Moca Network, a flagship project by Animoca Brands that is building the world’s largest chain-agnostic decentralized digital identity network, today announced that they have executed a Memorandum of Understanding (MoU) to establish a strategic partnership focused on advancing regulated Web3 infrastructure and blockchain-based financial services in Türkiye and global markets.
The partnership is intended to support the development of verifiable digital identity as a foundational layer of Türkiye’s digital economy, while connecting one of the world’s most active digital economies to a global, interoperable digital identity network. Inveo Kripto and Moca Network believe the partnership can unlock new opportunities for millions of users across Türkiye and beyond in the fields of digital identity, payments, and digital financial services.
Moca Network will explore integrating AIR Kit into Inveo Kripto’s platform and other financial services applications in Turkiye, in line with local regulations. AIR Kit is a suite of tools that enables users to carry a single verified identity across apps with reusable or interoperable KYC, loyalty points and rewards, stablecoin payments, and agentic identity. AIR Kit runs on Moca Chain, an identity native EVM-compatible Layer 1 blockchain.
Inveo Kripto is listed on the Capital Markets Board’s (SPK) Register of Active Crypto Asset Service Providers and is part of the Inveo Investment Holding group, one of Türkiye’s leading financial ecosystems. Together with Ichain Investment Holding, the group’s blockchain-focused investment holding company, Inveo Kripto provides a full-stack regulated financial ecosystem: crypto exchange, investment bank, portfolio management, brokerage, and venture capital.
In addition, Inveo Kripto and Moca Network intend to form a joint steering committee to explore the potential cooperation across several areas, including:
- Real-world asset (RWA) tokenization, including IP, gaming assets, and capital-markets instruments;
- Stablecoin rails, including stablecoin payment and settlement infrastructure;
- Fiat on- and off-ramps for Web3 apps and gaming wallets;
- Digital identity and reusable KYC that satisfies compliance requirements of Turkish AML regulation;
- Neobank and digital banking for retail, gaming, and SME users;
- Joint go-to-market initiatives into Türkiye and through Moca Network’s global ecosystem.
Onur Topaç, chairman of the board of Inveo Kripto and Ichain Investment Holding said: “Türkiye is one of the world’s most dynamic digital economies, with a young, tech-savvy population of 86 million, a top-five ranking in global crypto adoption, and a newly established regulatory framework that signals the country is open for business in Web3. Partnering with Moca Network means Inveo Kripto can now operate on a truly international scale, bringing global blockchain innovation and investment directly into the Turkish economy. Every initiative under this partnership will be deployed in full compliance with the regulations of Türkiye and all relevant jurisdictions. This is the kind of partnership that creates lasting value for both sides.”
Kenneth Shek, managing director of Moca Network, said: “Our mission is to make verifiable identity work for everyone, everywhere. Inveo Kripto’s full-stack capabilities and strong local presence make them the ideal partner to bring this vision to life in Türkiye. Together we’ll deliver privacy-preserving identity and next-generation digital services across the Turkish market, and connect Turkish users to our global ecosystem of partners.”
