Bitcoin-based life insurance company raises $37.5 million in funding round led by Bain Capital Crypto
A Bermuda-based life insurance company that operates exclusively with Bitcoin has completed a $37.5 million funding round backed by existing investors and led by Bain Capital Crypto. Sam Altman is one of the company's investors.
The funding round comes after what the company described as a record year, driven by growing demand for Bitcoin-denominated insurance products among wealthy families in Asia, Europe and the Middle East.
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