Meanwhile raises $82 million to expand Bitcoin life insurance
Meanwhile, a Bitcoin life insurer, has secured $82 million in funding to cater to the growing demand for Bitcoin-denominated life insurance and savings products. Co-led by Bain Capital Crypto and Haun Ventures, the funding round saw participation from other notable investors including Pantera Capital and Apollo. This latest raise boosts Meanwhile’s total funding for 2025 to $122 million. The company operates under the regulation of the Bermuda Monetary Authority, allowing it to function globally while ensuring compliance akin to traditional insurers. CEO Zac Townsend emphasized that the firm is integrating the long-term capital discipline of life insurers with Bitcoin, positioning it as a robust asset for inflation-resistant financial products. The company has reported a more than 200% increase in Bitcoin assets under management as investors look for protection against inflation and currency devaluation. Backers predict that Meanwhile will be instrumental in unlocking innovation within Bitcoin-denominated capital markets, providing a compliant approach to savings and retirement linked to Bitcoin.
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