Meanwhile Raises $82M to Scale Bitcoin-Based Life Insurance and Retirement Products
Meanwhile, the primary regulated Bitcoin life insurer, has raised $82 million in new capital to broaden its suite of Bitcoin-denominated financial savings, life insurance coverage, and annuity merchandise.
The spherical was co-led by Bain Capital Crypto and Haun Ventures, with participation from Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Stillmark.
Regulated Bitcoin Protection
Licensed by the Bermuda Monetary Authority, Meanwhile is the world’s first long-term insurer totally denominated in Bitcoin. The firm supplies policyholders with BTC-based life insurance coverage, annuities, and financial savings merchandise, defending them from forex devaluation and inflation.
“Life insurers have at all times offered the regular, long-term capital that retains monetary markets shifting,” stated Zac Townsend, CEO of Meanwhile.
“We’re bringing that very same function to Bitcoin—serving to households save and shield wealth in BTC, whereas giving establishments new methods to earn returns and launch bitcoin-indexed merchandise which can be compliant and straightforward to scale,” stated Townsend.
The agency’s Bitcoin belongings below administration have surged over 200%, reflecting rising confidence in BTC as a long-term retailer of worth.
Institutional Confidence and Strategic Growth
With this newest spherical, Meanwhile’s complete 2025 funding reaches $122 million, following a $40 million Series A earlier this 12 months led by Framework Ventures and Fulgur Ventures.
The participation of legacy monetary powerhouses like Apollo and Northwestern Mutual highlights Bitcoin’s rising acceptance as a base asset for regulated monetary merchandise.
Investors say Meanwhile is paving the best way for Bitcoin’s integration into mainstream monetary infrastructure. “Just because the U.S. financial system was constructed on insurance coverage, pensions, and mortgages, the Bitcoin financial system would require its personal long-duration monetary merchandise,” stated Chris Ahn, Partner at Haun Ventures.
Building the Future of Bitcoin Capital Markets
Meanwhile generates sustainable yield by conservative non-public credit score and long-term BTC lending, working with full solvency and reserve requirements comparable to conventional insurers.
“Meanwhile is constructing easy, compliant, and lasting merchandise that make Bitcoin sensible for each individuals and establishments,” stated Stefan Cohen, Partner at Bain Capital Crypto.
As the world searches for inflation-proof financial savings and long-term monetary stability, Meanwhile’s enlargement alerts a brand new period: one the place Bitcoin strikes past hypothesis to change into a trusted pillar of world wealth preservation.
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