April 30, 2025 – Pencil Finance, the Animoca model, pupil loans Actual-World-Asset (RWA) protocol within the EDU chain co-incubated by HackQuest as we speak introduced that the Open Campus and the Animoca model have deployed US$10 million as mortgage collateral to advertise Defi Scholar Mortgage on the Pencil Finance Platform.
Pencil Finance is a decentralized lending protocol designed to offer on-chain pupil mortgage financing, altering the best way college students are debt-making. Join international traders with trusted pupil mortgage originators by tokenized mortgage bundles.
Edu Chain is a layer 3 blockchain on Arbitrum orbit designed for shopper training apps and on-chain training finance (EDUFI). Edu Chain is powered by Edu Token (EDU) listed in Binance, Kucoin, Gate.io, Bithumb, Mexc, Bitmart, and numerous different exchanges.
The inspiration behind the EDU chain, the open campus and the Animoca model supply US$10 million as liquidity in pencil finance, which is used as collateral for loans. The objective is to increase entry to training finance by blockchain expertise.
Latest coverage modifications within the US danger that tens of millions of debtors will default on pupil loans, highlighting the pressing want for accessible, clear and environment friendly financing options for the scholar mortgage market.
“We have been working laborious to get essentially the most out of our enterprise,” mentioned Yat Siu, co-founder and government chairman of Animoca Manufacturers. “Blockchain is redefineing how training is funded and developed. By offering pupil loans on-chain, the initiative hopes to extend the overall signage of potential tens of millions of scholars.
Frank Li, co-founder of Pencil Finance, mentioned: “Blockchain expertise permits college students to rethink their lending from scratch. Chaining loans will present transparency, effectivity and entry on a world scale, serving to college students unlock new academic alternatives.”
“We’re wanting ahead to seeing you sooner or later,” mentioned Harry Zhang, co-founder and CMO of HackQuest. “This milestone illustrates the real-world impression of blockchain in training. On-chain loans empower college students and open new alternatives for traders.”
By means of Pencil Finance’s Scholar Mortgage RWA protocol, whitelisted customers can present liquidity to their mortgage swimming pools. Whitelisted customers could select to deploy capital to a sophisticated or junior tranche for a high-risk return for preliminary loss. Pencil Finance means that you can deploy loans, handle repayments, and maintain them transparently chained.
Pencil Finance issued its first mortgage this week. The recipient is HackQuest. This encourages pupil builders to make use of mortgage income to study concerning the EDU chain on the HackQuest platform.
Concerning the open campus
Open Campus is a community-driven DAO that’s constructing a chained training community to empower each educators and college students. The core contributors to the open campus DAO embrace the Animoca model, TinyTap, Newcampus, Risein, and HackQuest. Collectively, they’re working with open campuses to strengthen training methods for lecturers, learners and establishments utilizing modern blockchain protocols and funding initiatives. Open Campus has launched Edu Chain, an Arbitrum Orbit layer 3 blockchain powered by EDU tokens and designed for shopper training apps and on-chain training finance (EDUFI).
Concerning the Animoca model
Animoca Manufacturers Company Restricted (ACN: 122 921 813) is a Web3 chief that leverages tokenization and blockchain to offer customers with the rights to digital properties, serving to to ascertain open metaverses and related community results. It has obtained recognition in a variety of industries and markets, together with Fortune Crypto 40, High 50 Blockchain Video games Firm 2025, Monetary Instances’ high-growth firm Asia-Pacific and Deloitte Tech Quick.
Animoca Manufacturers realizes its mission by three built-in enterprise pillars: Operation Web3 Enterprise To advertise the adoption of blockchain in native tasks such because the MOCA community, Is it unhealthy, SandboxOpen Campus, Neom Web3 Initiative, and the regulated Stablecoin Undertaking, in collaboration with Normal Chartered and HKT. Supplied by Digital Asset Advisory Providers Contains Tokenomics advisory, liquidity provisioning, and institutional analysis to assist the expansion of exterior Web3 tasks. and Funding Administrationhas an funding portfolio of over 540 firms together with business leaders Pudgy Penguins, Yuga Labs, Axie Infinity, Polygon, Consensys, Magic Eden, Opensea, Dapper Labs, YGG and extra.
For extra info, please go to www.animocabrands.com or comply with xYouTube, Instagram, LinkedIn, Fb, and Tiktok.
About HackQuest
HackQuest is a gateway to the Web3 improvement world, providing a complete one-stop training infrastructure that minimizes friction and helps convey builders and non-developers into the Web3 world. HackQuest believes enhancing training for Web3 builders is essential to selling fashionable adoption.
Pencil funds
Pencil Finance is a decentralized lending protocol centered on on-chaining real-world pupil mortgage financing. Join traders with validated pupil mortgage originators and remodel pupil liabilities into clear, investable asset courses. Pencil makes use of blockchain infrastructure, twin tranche capital buildings and good contracts to offer structured, risk-adjusted returns backed by a real-world pupil mortgage portfolio, enabling sustainable yields with concrete social impacts.
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