Pencil Finance announces $10M for student loan financing backed by...

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2025-04-30 10:28:56 -

Pencil Finance announces $10M for student loan financing backed by Animoca Brands & Open Campus

Pencil Finance, the student loan real-world-asset (RWA) protocol on EDU Chain that is co-incubated by Animoca Brands and HackQuest, announced Wednesday that Open Campus and Hong Kong-based gaming firm Animoca Brands have deployed $10 million in liquidity as loan collateral to facilitate DeFi student loans on the Pencil Finance platform. Pencil Finance is a decentralized lending protocol...

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