Pencil Finance Secures $10 Million for Student Loans: Blockchain Technology Fuels Access to Education Financing

Pencil Finance, a decentralized lending platform focused on bringing student loans onto the blockchain, announced today a significant collaboration with Open Campus and Animoca Brands. A total of US$10 million has been allocated to facilitate DeFi student loans on the Pencil Finance platform. This funding will empower students with access to educational financing opportunities and enhance transparency within the system. The initiative aims to solve the growing problem of student debt by leveraging blockchain technology for improved efficiency and accessibility.

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