Takadao has closed a $1.5 million seed funding round and launched LifeCard for stablecoin users.
BlockBeats News, November 17th, according to BlockBeats report, Web3 financial platform Takadao, headquartered in Riyadh, Saudi Arabia with offices in Singapore, announced the completion of a $1.5 million seed round financing. Participants include Hasan VC (Malaysia), Syla Invest (France), Wahed Ventures (UK), Ice Blue Fund (Japan), Istari Ventures (USA), Adverse (Saudi Arabia), and Draper Associates from Silicon Valley, USA, as a follow-on investment. The total funding raised has now reached approximately $3.1 million (including the previous pre-seed round and other investments).
Furthermore, Takadao also launched the LifeCard during this announcement - a prepaid VISA card that allows users to spend stablecoins like cash at any VISA-accepting location.
You may also like
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
When American giants collectively "defect" from Chinese AI models
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.
