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Takadao has closed a $1.5 million seed funding round and launched LifeCard for stablecoin users.

3 hours ago

On November 17th, according to the report from BlockBeats (https://blockbeats.com/newsflash/), the Web3 financial platform Takadao, which is headquartered in Riyadh, Saudi Arabia and has offices in Singapore, announced the completion of a seed round financing of $1.5 million. The 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 amount of funds raised has now reached approximately $3.1 million (including the previous pre-seed round and other investments). Furthermore, during this announcement, Takadao also launched the LifeCard - a prepaid VISA card that enables users to spend stablecoins like cash at any location that accepts VISA.
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