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Meanwhile raises $37.5 million for Bitcoin life insurance expansion
Bermuda-regulated startup Meanwhile said the funding follows rising demand for its Bitcoin life insurance policies outside the US, including in Asia, Europe, and the Middle East.
Bitcoin Magazine reports that Meanwhile, a Bermuda-regulated startup that operates entirely in Bitcoin, raised $37.5 million from existing investors. The company said the round was led by Bain Capital Crypto, with participation from Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital.
Bitcoin Magazine said the new funding brings Meanwhile’s total to more than $180 million. The company also noted Sam Altman is among its backers.
Meanwhile said the latest round follows a surge in demand for its Bitcoin life insurance policies outside the US. It cited growth particularly in Asia, Europe, and the Middle East, amid broader macroeconomic instability.
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