Life insurer Meanwhile raises $82M for Bitcoin financial products

Bitcoin beingness security institution Meanwhile has raised $82 cardinal successful a caller backing circular led by Bain Capital Crypto and Haun Ventures.

The company, regulated by the Bermuda Monetary Authority, plans to usage the funds to conscionable “surging demand” for Bitcoin-denominated status and “inflation-proof” savings products, according to a Tuesday announcement.

Meanwhile offers Bitcoin-based beingness insurance, annuities, savings products and security bonds for individuals and institutions, with each premiums, argumentation values and claims managed successful Bitcoin (BTC). 

Apollo, Stillmark and Northwestern Mutual Future Ventures besides contributed to the backing round.

The caller backing brings Meanwhile’s full superior raised successful 2025 to $122 million, adding to its $40 cardinal Series A from April led by Framework Ventures and Fulgur Ventures.

Zac Townsend, CEO of Meanwhile, told Cointelegraph that having investors from some crypto and accepted concern showed “both domains spot Bitcoin arsenic a foundational plus for savings, protection, and intergenerational wealthiness transfer.”

He added that arsenic regularisation improves, helium expects “insurers and reinsurers to dainty Bitcoin arsenic a complement to sovereign fixed income.”

Source: Zac Townsend

Investors backing Meanwhile accidental a Bitcoin-based system volition make increasing request for caller BTC-denominated fiscal products. “Just arsenic the US system was built connected insurance, pensions, and mortgages, the Bitcoin system volition necessitate its ain long-duration fiscal products,” said Chris Ahn, a spouse astatine Haun Ventures.

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Insurance successful crypto

Meanwhile launched successful June 2023 with $19 cardinal successful effect funding from investors including OpenAI’s CEO Sam Altman and Google’s AI-focused money Gradient Ventures.

In March 2025, Tabit, an insurer based successful Barbados, raised $40 cardinal successful BTC to backmost its accepted security policies. At the time, the institution claimed to beryllium the archetypal spot and casualty insurer to clasp its full regulatory reserve successful Bitcoin.

A caller marketplace is besides emerging to link security brokers and underwriters with integer plus capital.

Nayms is 1 example — an onchain security marketplace that links superior providers and brokers done segregated accounts. 

Another illustration is Ensuro, a blockchain-based (re)insurer that lets DeFi investors diversify their portfolios by taking connected real-world security risk.

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