Takadao completes $1.5 million seed round financing and launches LifeCard for stablecoin consumption

The Web3 financial platform Takadao, headquartered in Riyadh, Saudi Arabia, with an office in Singapore, announced the completion of a $1.5 million seed round financing, with participants including 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. The total financing has reached approximately $3.1 million (including previous pre-seed rounds and other investments).

In addition, Takadao also launched LifeCard------a prepaid VISA card that allows users to spend stablecoins like cash at any location that supports VISA.