Animoca’s Moca Network partners with real-world asset blockchain Plume

Animoca Brands’ flagship project Moca Network is integrating its digital identity infrastructure AIR Kit into EVM L1 blockchain Plume. 

Optimized for real world asset finance (RWAfi), Plume will allow Moca Network users access to institutional-grade yield and staking offerings on real world assets. These offerings will be provided by web3 trading protocol Nest.

The AIR Kit identity tech will also be fully compatible with the Plume ecosystem, practically enabling developers building on Plume to create and embed universal accounts into their apps. In addition, they will be able to verify reputation data and credentials for rewards and grant access to their projects.

Moca Network project lead Kenneth Shek commented on the partnership, “We believe that RWAfi is the cornerstone of tokenization for the entire world.” 

“As the industry matures and more and more institutions enter the web3 market, we see emerging needs for self-sovereign and privacy-preserved digital identities and user data, advancing the vision of a truly open internet.”

Plume Network chief exec Chris Yin added, “We’re thrilled to welcome Moca Network to our RWAfi ecosystem to enable access to RWA staking and distribution to its millions of users.”

“Together, we’ll create a powerful synergy between RWAfi and interoperable digital identity, unlocking new opportunities for users globally.”