Meanwhile, a life insurance company focused on Bitcoin, has raised $82 million in a funding round led by Bain Capital Crypto and Haun Ventures. This capital will help the company expand its offerings of Bitcoin-denominated savings, annuities, and insurance products to meet increasing demand. The Bermuda Monetary Authority regulates Meanwhile, which aims to provide products that protect against inflation.

The company offers a range of Bitcoin-based financial products, including life insurance, annuities, and savings plans, all managed in Bitcoin (BTC).

Contributions also came from Apollo, Stillmark, and Northwestern Mutual Future Ventures, bringing Meanwhile’s total funding in 2025 to $122 million following an earlier $40 million Series A round led by Framework Ventures and Fulgur Ventures.

Zac Townsend stated that having investors from both crypto and traditional financial sectors signals that Bitcoin is being viewed as a foundational asset for wealth management and savings. He anticipates that as regulatory conditions improve, Bitcoin will become an essential element in the insurance and reinsurance industries.

“Just as the US economy was built on insurance, pensions, and mortgages, the Bitcoin economy will require its own long-duration financial products.”
— Chris Ahn, Partner at Haun Ventures
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Meanwhile launched in June 2023 with $19 million in seed funding from notable investors, including Sam Altman and Google’s Gradient Ventures. Another player in this field, Tabit, raised $40 million in BTC in March 2025, claiming to be the first insurer to hold its regulatory reserves entirely in Bitcoin. The demand for Bitcoin-based financial products is expected to keep growing, as new markets for insurance brokers and underwriters are forming, especially linked to digital asset capital.

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