Pencil Finance announces $10 million in student loan funding, supported by Animoca Brands and Open Campus
According to official sources, Pencil Finance, a student lending RWA protocol on EDU Chain co-incubated by Animoca Brands and HackQuest, has announced that Open Campus and Animoca Brands have deployed $10 million in liquidity as loan collateral to facilitate DeFi student lending on the Pencil Finance platform.
Pencil Finance is a decentralized lending protocol aimed at bringing student loan funding on-chain, thereby revolutionizing the way student debt is repaid. It connects global investors with trusted student loan originators through tokenized loan portfolios.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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