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Bitcoin-Denominated Licensed Life Insurer Meanwhile Raises $37.5 Million, Led by Bain Capital Crypto

Meanwhile has raised $37.5 million from existing investors in a round led by Bain Capital Crypto, with participation from Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital. The company’s total funding has now exceeded $180 million.

Meanwhile is the first licensed life insurer to operate entirely in Bitcoin. Its BTC Life 1-Pay policy targets high-net-worth clients outside the US, and the company has signed 15 brokers across Singapore, Hong Kong, the UAE, and Switzerland. Meanwhile expects its 2026 net long-term underwriting income to more than double from 2025. — link
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