Meanwhile Raises $37.5 Million in Bitcoin Insurance Funding

October 9, 2026 | Crypto News

Meanwhile, a Bermuda-based, Bitcoin-focused life insurance company backed by Sam Altman, has raised $37.5 million in a funding round led by Bain Capital Crypto.

According to the company, the latest investment brings its total funding to more than $180 million.

Bitcoin-Based Life Insurance

Meanwhile provides life insurance policies denominated in Bitcoin (BTC). Both premiums and insurance payouts are made in Bitcoin, subject to the terms of each policy.

This model connects Bitcoin with traditional financial planning and offers an alternative approach to wealth protection and inheritance planning.

Global Expansion

The company has signed 15 broker partners serving wealthy families in Singapore, Hong Kong, the United Arab Emirates, and Switzerland.

The new funding will support Meanwhile's expansion into markets across Asia, Europe, and the Middle East.

Why It Matters

This development highlights the growing exploration of Bitcoin-based financial products beyond trading and investment.

However, Bitcoin's price volatility, insurance policy conditions, and local regulations remain important factors for customers to consider.

Conclusion

Meanwhile's $37.5 million funding round marks another step in the development of Bitcoin-denominated financial services. With total funding exceeding $180 million, its international expansion will be worth watching.

Sources & Further Reading

The Block:

https://www.theblock.co/news/deals/2026-10-09-sam-altman-backed-bitcoin-life-insurer-meanwhile-raises-37-5-million-round-led-by-bain-capital-crypto-418131

CoinDesk:

https://www.coindesk.com/business/2026/10/09/sam-altman-backed-bitcoin-insurer-meanwhile-secures-usd37-5-million-in-bain-capital-crypto-led-round

Official website:

https://meanwhile.bm/

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