Animoca Brands & Open Campus Invest $10 Million in Pencil Finance for Decentralized Student Loans

Pencil Finance is receiving a significant boost from Animoca Brands and Open Campus, with a joint investment of $10 million. This injection will enhance the platform’s ability to provide decentralized student loans, bringing blockchain technology to the forefront of education finance. The funding marks a major step toward realizing the promise of DeFi in real-world applications like student loan financing.