Takadao Secures $1.5 Million in Seed Funding, Launches LifeCard for Stablecoin Use

2025-11-17 10:58

Takadao, a Web3 financial platform based in Riyadh with operations in Singapore, has successfully closed a $1.5 million seed funding round. The investment was backed by notable firms including Hasan VC, Syla Invest, Wahed Ventures, Ice Blue Fund, Istari Ventures, Adverse, and Draper Associates. This latest funding round brings Takadao's total capital raised to approximately $3.1 million. In conjunction with the funding announcement, Takadao has launched the LifeCard, a prepaid VISA card that enables users to spend stablecoins like cash at any location that accepts VISA. This development marks a significant step in integrating cryptocurrency with everyday financial transactions, enhancing the utility of stablecoins in the global market.

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