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Sep 3, 2026

Pencil Finance completes first fully on-chain student loan cycle with $1M for 6,600 students

Animoca-backed Pencil Finance completed a $1 million student loan financing cycle entirely on-chain, providing financing to approximately 6,600 underserved students in Southeast Asia. The milestone marks the first time student loan capital has moved from funders to borrowers and back entirely on blockchain.

Sep 3, 2026·2 sources
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Aug 13, 2026

WeRide eyes Australia, Southeast Asia expansion after strong overseas revenue growth

Chinese autonomous driving company WeRide is considering expansion into Australia, South Korea, Japan, and Southeast Asian markets, according to its CEO. The move comes as the robotaxi developer reports surging overseas revenue in Q2 2026.

Aug 13, 2026·2 sources
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Top claims

  • ▪The Pencil Finance student-loan bundle targeted borrowers underserved by traditional lenders, with 50% of the portfolio being female and 93% from lower-income households.
  • ▪In July 2026, Brazil's B3 stock exchange issued a 100,000 Brazilian reais loan secured by 10 tokenized cows as collateral, demonstrating another application of tokenized real-world assets.
  • ▪Pencil Finance deployed the $1 million in capital through education financing provider ErudiFi over a 12-month period.

Topics

TokenizationDeFiReal World AssetsBlockchain technologyFinancial inclusionChina tech & industrial strategyRobo-taxisAutonomous vehiclesAI agents

Related entities

South KoreaChinaAustraliaJapan