Education Finance RWA Agreement Pencil Finance announces the completion of a $10 million liquidity pool financing supported by Animoca Brands

2025-04-30 09:51:58

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ChainCatcher news, according to official sources, the education finance (EduFi) RWA protocol Pencil Finance has announced the successful completion of a $10 million liquidity pool financing supported by Animoca Brands and Open Campus, aimed at supporting Pencil Finance's first on-chain education loans and debt financing for education companies. The funds have been fully deployed in the liquidity pool of Pencil Finance on the Open Campus EDU Chain.

Pencil Finance will collaborate with traditional education loan companies to bring education loans from Southeast Asia and the United States on-chain, opening up a new asset class for on-chain investors. At the same time, Pencil Finance helps reduce interest rates on education loans by providing on-chain yield opportunities for traditional education loan companies.

Animoca Brands founder Yatsiu stated, "Blockchain will fundamentally change the existing model of education finance. Pencil Finance will bring profound changes to the $3 trillion education loan market."

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