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💰 Financing | Bitcoin life insurance company Meanwhile completes 37500000 USD financing,Bain Capital Crypto led the round

BlockBeats news,October 10, backed by OpenAI CEO Sam Altman, Bermuda-based Bitcoin life insurance company Meanwhile announced the completion of 37500000 USD a new financing round, with all funds coming from existing investors. The round was led by Bain Capital Crypto, with participation from Haun Ventures, Framework Ventures,Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital, among others. Meanwhile's cumulative financing has now exceeded 180000000 USD.

Meanwhile stated that demand for Bitcoin life insurance products in Asia, Europe, and the Middle East has continued to grow recently, while macroeconomic uncertainty has also driven high-net-worth families to seek Bitcoin-denominated wealth-transfer solutions. The company's co-founder and CEO Zac Townsend stated that many wealthy families already hold Bitcoin, but previously lacked a regulated way to pass it on to the next generation. 2026 Earlier this year, Meanwhile launched its single-premium whole life insurance product BTC Life 1-Pay for high-net-worth clients outside the United States, having previously launched BTC 10-Pay for U.S. taxpayers. The company said its long-term underwriting net income has exceeded the level for all of last year, and is expected to 2026 grow to more than twice last year's level in, though it did not disclose specific figures.

Original link https://m.theblockbeats.info/flash/371138