OKX Ventures allocates part of its MOCA holdings to co-investment… partners with Moca Network

Moca Network, the digital identity project under Animoca Brands, has formed a strategic partnership with OKX Ventures under which the exchange’s investment arm will allocate part of its existing MOCA token holdings to co-invest in digital identity projects sourced jointly by the two firms. The investments will target consumer-facing applications built on Moca’s identity infrastructure, including AIR Kit and the Moca Chain. The arrangement effectively recycles OKX Ventures’ MOCA position into ecosystem funding rather than fresh capital, tying the venture arm’s returns to the network’s app-layer growth. It matters as a signal that major exchange venture units are willing to deploy native ecosystem tokens to seed consumer adoption in identity infrastructure. What to watch next is which projects are selected and whether the co-investment model draws other strategic holders of MOCA into similar commitments.