Animoca Brands Invests $10M in Edu Chain Loans to Revolutionize Student Finance

Animoca Brands has announced a significant investment of $10 million in Pencil Finance, a blockchain-powered platform focused on student loans. This funding will be deployed on the Edu Chain, expanding access to innovative financial solutions within education markets in Southeast Asia and the United States. The initiative is expected to reshape how students access financing for their education, leveraging the power of decentralized finance (DeFi).