Bitcoin life insurer Meanwhile raises $82M

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Bitcoin life insurance coverage firm In the meantime has raised $82 million in a brand new funding spherical led by Bain Capital Crypto and Haun Ventures.

The corporate, regulated by the Bermuda Financial Authority, plans to make use of the funds to satisfy “surging demand” for Bitcoin-denominated retirement and “inflation-proof” financial savings merchandise, in keeping with a Tuesday announcement.

In the meantime gives Bitcoin-based life insurance coverage, annuities, financial savings merchandise and insurance coverage bonds for people and establishments, with all premiums, coverage values and claims managed in Bitcoin (BTC). 

Apollo, Stillmark and Northwestern Mutual Future Ventures additionally contributed to the funding spherical.

The brand new funding brings Meanwhile’s total capital raised in 2025 to $122 million, including to its $40 million Collection A from April led by Framework Ventures and Fulgur Ventures.

Zac Townsend, CEO of In the meantime, instructed Cointelegraph that having buyers from each crypto and conventional finance confirmed “each domains see Bitcoin as a foundational asset for financial savings, safety, and intergenerational wealth switch.”

He added that as regulation improves, he expects “insurers and reinsurers to deal with Bitcoin as a complement to sovereign mounted revenue.”

Venture Capital, Insurance
Supply: Zac Townsend

Traders backing In the meantime say a Bitcoin-based economic system will create rising demand for brand new BTC-denominated monetary merchandise. “Simply because the US economic system was constructed on insurance coverage, pensions, and mortgages, the Bitcoin economic system would require its personal long-duration monetary merchandise,” stated Chris Ahn, a associate at Haun Ventures.

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Insurance coverage in crypto

In the meantime launched in June 2023 with $19 million in seed funding from buyers together with OpenAI’s CEO Sam Altman and Google’s AI-focused fund Gradient Ventures.

In March 2025, Tabit, an insurer based mostly in Barbados, raised $40 million in BTC to again its conventional insurance coverage insurance policies. On the time, the corporate claimed to be the primary property and casualty insurer to carry its whole regulatory reserve in Bitcoin.