Moca Network Secures OKX Ventures Backing for Identity-Focused Applications

Share

Moca Network, a decentralized digital identity project created by Animoca Brands, has partnered with OKX Ventures, the investment arm of the cryptocurrency platform OKX. Both parties will provide capital, platform resources, and operational support to projects using Moca Network’s infrastructure, including AIR Kit and Moca Chain. OKX Ventures will allocate part of its MOCA Coin reserves to co-investments in identity-driven consumer applications, with the option of follow-on investments as projects mature. The partnership also gives selected developers access to OKX’s payment, on-ramp, and wallet integration services to ease the path from prototype to scaled deployment. The backing follows OKX Ventures’ participation in a $10 million fundraise announced by Animoca Brands in November 2024.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items