Hello from SOOHO.IO.

October 28, 2025 — SOOHO.IO, the blockchain technology company leading Project Namsan to develop a Korean won stablecoin ecosystem, today announced a strategic partnership with Moca Network and Kleva AI.

The partnership will integrate Moca Network’s AIR Kit digital identity infrastructure and Kleva AI’s digital asset payment layer into Project Namsan, strengthening compliance, privacy, and loyalty capabilities for stablecoin payments.

As part of the initiative, Project Namsan will introduce AIR Kit-based identity verification for stablecoin users and distributors.
AIR Kit will support composable loyalty systems using privacy-preserving user data, enabling businesses to create secure, interoperable rewards and experiences within the Korean won stablecoin ecosystem.

SOOHO.IO will also work with Moca Network to integrate Kleva AI’s points-to-crypto conversion technology into Project Namsan.
This will allow users to convert loyalty points directly into digital assets such as MOCA Coin, bitcoin (BTC), and ether (ETH), within a structure designed to meet Korean regulatory requirements.

“For stablecoins to achieve mainstream adoption, users and regulators must be able to trust the underlying infrastructure,” said Jisu Park, CEO of SOOHO.IO. “By combining SOOHO.IO’s payment expertise with Moca Network’s digital identity framework and Kleva AI’s conversion technology, Project Namsan is laying the foundation for a compliant, interoperable Korean won stablecoin ecosystem.”

“Bringing AIR Kit to Project Namsan opens new possibilities for interoperable loyalty rewards while protecting privacy throughout the payment process,” said Kenneth Shek, Project Lead at Moca Network. “This collaboration will provide a model for how digital identity can support stablecoin adoption in real-world payments.”

“Through this collaboration, Kleva AI will bring its points-to-crypto settlement layer to a broader ecosystem, giving consumers an intuitive way to connect loyalty rewards with digital assets,” said Jaehyun Park, CEO of N21, the company behind Kleva AI. “We are proud to join SOOHO.IO and Project Namsan in building the next generation of payment and rewards experiences.”

The three-way partnership is expected to strengthen Project Namsan’s position in Korea’s digital currency ecosystem.
It will provide a foundation for stablecoin payment infrastructure that connects identity, loyalty, and digital assets.

The initiative will launch in Korea with major domestic partners before expanding into global markets.

About Moca Network

Moca Network is building the world’s largest chain-agnostic decentralized identity network.
It provides privacy-preserving identity infrastructure and enables user and data interoperability across industries and ecosystems.

As Animoca Brands’ flagship digital identity ecosystem,
it connects more than 600 portfolio companies, a potential user base of over 700 million, and a wide range of enterprise partners.

Moca Network uses MOCA Coin as its utility and governance token.

Kleva AI

Core Philosophy – “Kleverly Leverage Your Invisible Assets”

‘Kleverly’ describes an intelligent, strategic approach to making the most of assets.
‘Invisible Assets’ refers to valuable intangible assets such as points, online and offline data, time, social influence, and networks.

As more assets move on-chain, Kleva AI aims to accelerate the transformation of these intangible assets into sources of tangible value and returns, rather than allowing them to expire or remain unused.

About SOOHO.IO

Founded in 2019 by Jisu Park, SOOHO.IO is a leading Korean blockchain fintech company working at the intersection of traditional finance and digital assets. It was the first Korean company to receive investment from ConsenSys Ventures and was recognized by Gartner as a notable blockchain finance company in 2022.

SOOHO.IO offers an enterprise blockchain suite that includes Touchstone consortium blockchain infrastructure, the Purplace Purpose Bound Money platform, and flagship applications for real-world blockchain payments. The company has successfully delivered central bank CBDC projects, protects more than $2.4 billion in assets, and partners with major Korean financial institutions to advance blockchain fintech.