Inveo Kripto & Moca Network sign Türkiye identity deal

Inveo Kripto, Ichain Investment Holding and Moca Network have signed a memorandum of understanding on blockchain and digital identity infrastructure covering Türkiye and international markets.

The partnership focuses on regulated Web3 infrastructure and blockchain-based financial services, particularly digital identity. The companies aim to support verifiable digital identity in Türkiye's digital economy while linking users to a broader interoperable network.

Inveo Kripto and Ichain form the blockchain arm of Inveo Investment Holding, a Turkish financial group with interests in brokerage, portfolio management, venture capital and investment banking. Inveo Kripto is listed on the Capital Markets Board's register of active crypto asset service providers, placing it within Türkiye's emerging regulatory framework for digital assets.

Moca Network is a digital identity project created by Animoca Brands. It focuses on decentralised identity systems that let users carry a verified identity across different applications and services.

Identity focus

A key area under discussion is the possible integration of AIR Kit into Inveo Kripto's platform and other financial services applications in Türkiye. AIR Kit is designed to let users reuse identity verification across apps while supporting loyalty rewards, stablecoin payments and other account-linked services.

The system runs on Moca Chain, an EVM-compatible Layer 1 blockchain built around identity functions. For the Turkish group, the technology could sit alongside existing businesses spanning crypto trading, investment banking, portfolio management and brokerage.

The companies also plan to set up a joint steering committee to examine broader areas of cooperation. These include the tokenisation of real-world assets such as intellectual property, gaming assets and capital markets instruments, as well as stablecoin payment and settlement infrastructure.

Other topics on the agenda include fiat on- and off-ramps for Web3 applications and gaming wallets, digital identity systems that meet Turkish anti-money laundering requirements, and digital banking services aimed at retail, gaming and small business users.

Turkish market

The deal reflects continued interest in Türkiye as a market for digital assets and related financial technology. The country has a large young population and has become one of the most active markets for crypto adoption, while policymakers have moved to establish a more formal framework for service providers.

That backdrop has led companies to view Türkiye not only as a domestic opportunity but also as a gateway between regulated financial services and blockchain-based products. By pairing a Turkish regulated operator with an international identity network, the agreement aims to bridge local compliance needs with cross-border digital services.

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."

Broader reach

For Moca Network, the arrangement provides a route into a regulated financial ecosystem in Türkiye. The Inveo group includes Misyon Bank, which has digital asset custody authorisation, as well as Inveo Portföy, Gedik Yatırım and Inveo Ventures.

That broader structure may prove important if the parties move beyond identity into payments, banking and tokenised financial products. Türkiye's financial regulators have taken a closer interest in crypto activity, making local partnerships and compliance structures increasingly important for foreign blockchain ventures.

Moca Network brings a different kind of scale. According to Animoca Brands, the network draws on a large partner ecosystem and a wide addressable user base through its portfolio companies, making identity interoperability a central commercial proposition rather than a purely technical one.

The agreement also points to a broader trend in digital asset markets, where identity checks, payments and wallet access are becoming more tightly linked. Many firms see reusable know-your-customer processes as one way to reduce friction between regulated finance and blockchain applications, especially in jurisdictions seeking stronger safeguards around user verification.

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."