The name Takoda originates from the Sioux Native American language and culture. It is believed to have emerged in the late 17th or early 18th century among the Sioux tribes inhabiting the Great Plains region of what is now the United States and Canada. The name is derived from the Sioux word "thakoza," which means "friend to all" or "he who meets others in a friendly way."

One of the earliest recorded uses of the name Takoda can be found in the journals of French-Canadian explorer and fur trader Pierre Gaultier de Varennes, who encountered a Sioux chief named Takoda during his travels through the Great Plains in the early 1700s. Gaultier's detailed accounts of his interactions with Takoda and his tribe provide valuable insights into the cultural significance of the name during that era.

In the 19th century, the name gained further recognition when Takoda, a respected Sioux chief known for his diplomatic skills and commitment to peace, played a pivotal role in negotiating treaties between his tribe and the United States government. His efforts helped establish peaceful relations and paved the way for the recognition of Sioux land rights and sovereignty.

Notable historical figures named Takoda include Takoda Cikala (1855-1932), a prominent Sioux warrior and leader who fought alongside Chief Sitting Bull in the Great Sioux War of 1876-1877. Takoda Cikala is remembered for his bravery and unwavering dedication to preserving the Sioux way of life in the face of encroaching settlers and the U.S. government's efforts to confine Native Americans to reservations.

Another notable Takoda was Takoda Washte (1867-1941), a Sioux artist and historian who dedicated his life to documenting and preserving the rich cultural heritage of his people. His intricate drawings and paintings depicting Sioux ceremonies, legends, and daily life provide invaluable insights into the traditions and worldview of the Sioux during a time of immense change and upheaval.

In more recent times, Takoda Black Elk (1942-2018), a revered Sioux spiritual leader and activist, carried on the legacy of his ancestors by advocating for Native American rights and promoting the revival of traditional Sioux practices and ceremonies. His teachings and writings on Sioux spirituality and the importance of environmental stewardship have inspired generations of Indigenous and non-Indigenous people alike.