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Meanwhile raises $37.5 million for its bitcoin life insurance business

The Sam Altman-backed insurer said the new round brings total funding to more than $180 million, with demand concentrated in Asia, Europe, and the Middle East.

Reported · Written up by our desk · Market Structure

Meanwhile, a bitcoin life insurer backed by OpenAI CEO Sam Altman, announced a $37.5 million funding round from existing investors, led by Bain Capital Crypto, according to Cointelegraph.

The company said it has raised more than $180 million in total and that the latest round follows increased international demand for its bitcoin life insurance policies, particularly in Asia, Europe, and the Middle East, The Block and Cointelegraph reported.

Cointelegraph also reported that the new financing included participation from Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital.

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