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Web3 insurtech startup Takadao has completed a $1.5 million seed round financing, with participation from Hasan VC and others.

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According to Mars Finance, Takadao, a Web3 insurtech startup headquartered in Saudi Arabia, has announced the completion of a $1.5 million seed round of financing, with participation from Hasan VC, Syla Invest, Wahed Ventures, Ice Blue Fund, Istari Ventures, and Adverse. So far, its total financing has reached $3.1 million. The new funds are intended to support the construction of life insurance payouts, investment returns, and other services distributed in the form of stablecoins, and will expand into markets such as Southeast Asia and the United States.

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