Sam Altman-backed bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Crypto-led round
Meanwhile, a bitcoin-focused life insurer backed by Sam Altman, has raised $37.5 million in a funding round led by Bain Capital Crypto. The company plans to use the capital to expand its bitcoin-denominated insurance products into international markets.
Why it matters
The investment highlights growing institutional interest in integrating cryptocurrency into traditional financial products like life insurance.
AI tarafından çevrildi 1 dk okuma Make preferred on Paylaş Bu makaleyi paylaş Bağlantıyı kopyala X icon X (Twitter) LinkedIn Facebook E-posta Make preferred on Meanwhile co-founder and CEO Zachary Townsend (CoinDesk) Özet Göster Bitcoin-focused life insurer Meanwhile raised $37.5 million in a Bain Capital Crypto-led investment round, bringing its total funding to $180 million. The Bermuda-based company offers life insurance with premiums and death benefits denominated in bitcoin, including a product that accepts a single bitcoin premium. Meanwhile has signed 15 brokers serving wealthy clients in Switzerland, Singapore, Hong Kong and the United Arab Emirates as it expands outside the U.S. Meanwhile, a life insurer focused on bitcoin BTC $82.516,17 and backed by OpenAI founder and CEO Sam Altman, raised $37.5 million as it expands outside the U.S.
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