Takadao completes $1.5 million seed round and launches LifeCard for stablecoin spending
ChainCatcher news, Takadao, a Web3 financial platform headquartered in Riyadh, Saudi Arabia with offices in Singapore, announced the completion of a $1.5 million seed round. Participants included 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 funding has now reached approximately $3.1 million (including previous pre-seed rounds and other investments).
In addition, Takadao has launched LifeCard—a prepaid VISA card that allows users to spend stablecoins like cash at any location that supports VISA.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Subscription multiplier reaches 4 times! "AI Ring" Oura IPO receives enthusiastic response
Smart ring manufacturer Oura's IPO was oversubscribed by approximately four times, planning to issue 50 million shares at a maximum price of $44 per share, aiming to raise up to $2.2 billions, with a fully diluted valuation of about $15 billions. Against the backdrop of companies like Holtec Nuclear withdrawing their IPO plans due to market conditions, Oura is expected to become the first major IPO in nearly three months to raise over $1 billion, injecting new vitality into the long-dormant U.S. IPO market.
