#BitcoinLifeInsurerMeanwhileRaises$37.5M
Meanwhile has secured $37.5M in fresh funding, led by Bain Capital Crypto, pushing its total capital raised beyond $180M.
Major investors joining the round include Haun Ventures, Framework Ventures, Pantera Capital, Apollo, and Northwestern Mutual Future Ventures.
Hereâs what makes it different đ
đĄïž #bitcoin -denominated insurance: Policies pay death benefits in $BTC rather than dollars.
đ Global expansion: Meanwhile has signed 15 insurance brokers serving wealthy clients across Switzerland, Singapore, Hong Kong, and the UAE.
đ° BTC Life 1-Pay: Clients pay a single Bitcoin premium for a whole-life policy, with borrowing against policy value available after the first year.
đŠ Regulated structure: The Bermuda-based insurer received its long-term insurance license in July 2024.
OpenAI CEO #SamAltman was an earlier backer. However, the October 8 announcement did not list him in the latest round.
Meanwhile has secured $37.5M in fresh funding, led by Bain Capital Crypto, pushing its total capital raised beyond $180M.
Major investors joining the round include Haun Ventures, Framework Ventures, Pantera Capital, Apollo, and Northwestern Mutual Future Ventures.
Hereâs what makes it different đ
đĄïž #bitcoin -denominated insurance: Policies pay death benefits in $BTC rather than dollars.
đ Global expansion: Meanwhile has signed 15 insurance brokers serving wealthy clients across Switzerland, Singapore, Hong Kong, and the UAE.
đ° BTC Life 1-Pay: Clients pay a single Bitcoin premium for a whole-life policy, with borrowing against policy value available after the first year.
đŠ Regulated structure: The Bermuda-based insurer received its long-term insurance license in July 2024.
OpenAI CEO #SamAltman was an earlier backer. However, the October 8 announcement did not list him in the latest round.