PANews reported on October 20 that according to official news, the Web3 education protocol Open Campus announced the completion of a US$5 million strategic financing round, with participation from Animoca Brands, YZi Labs, Sequoia, Shima Capital, Polygon, Caladan, Kingsway Capital, and GameFi Ventures.
Open Campus stated that this funding will accelerate its development of a new financial and reputational layer for education. The project plans to provide on-chain student loans, credential verification, and payment services to millions of users worldwide. The Open Campus Foundation will use the funds to: purchase EDU tokens on the open market to support key price points; support on-chain student loans through Pencil Finance; and accelerate the launch of Open Campus ID, OC Wallet, and the EDU Chain mainnet.

21Shares has filed for a Hyperliquid ETF, while Bitwise’s Solana staking ETF has a big day of trading as investors perk their ears toward altcoins. Asset manager 21Shares is seeking to launch an exchange-traded fund (ETF) tracking the token behind the perpetual futures protocol and blockchain, Hyperliquid, amid growing Wall Street interest in alternative cryptocurrencies.The company filed for the 21Shares Hyperliquid ETF with the Securities and Exchange Commission on Wednesday, which did not disclose a ticker symbol or fee. Coinbase Custody and BitGo Trust were named as custodians.It follows a similar filing for a Hyperliquid (HYPE) ETF from Bitwise last month. The token gives discounts on the Hyperliquid decentralized exchange and is used to pay fees on its blockchain. It has increased in value over the past year, in line with the service’s growing popularity.Read more
