Life insurer Meanwhile raises $82M for Bitcoin financial products
Bitcoin insurer Meanwhile raised $82 million led by Bain Capital Crypto and Haun Ventures to expand Bitcoin-denominated savings, annuities and insurance products.
Bitcoin life insurance company Meanwhile has raised $82 million in a new funding round led by Bain Capital Crypto and Haun Ventures.
The company, regulated by the Bermuda Monetary Authority, plans to use the funds to meet “surging demand” for Bitcoin-denominated retirement and “inflation-proof” savings products, according to a Tuesday announcement.
Meanwhile offers Bitcoin-based life insurance, annuities, savings products and insurance bonds for individuals and institutions, with all premiums, policy values and claims managed in Bitcoin (BTC).
