Meanwhile, a Bitcoin life insurance company, recently secured $82 million in funding primarily from Bain Capital Crypto and Haun Ventures to enhance its portfolio of Bitcoin-related financial solutions. The Bermuda Monetary Authority regulates the company, which aims to address the increasing demand for Bitcoin-denominated retirement products and inflation-resistant savings plans.
The company also offers various BTC-based financial products including life insurance policies, annuities, and insurance bonds for both individuals and institutions, with all transactions handled in Bitcoin (BTC).
Contributions to this funding round also came from Apollo, Stillmark, and Northwestern Mutual Future Ventures. This latest financing round has brought Meanwhile’s total capital raised in 2025 to $122 million, following a previous $40 million Series A funding led by Framework Ventures and Fulgur Ventures in April.
Zac Townsend, CEO of Meanwhile, commented that the investment from both crypto-centric and traditional financial sectors illustrates a unified belief in Bitcoin’s role as a key asset for savings and wealth succession. He anticipates that improved regulation will lead insurers to adopt Bitcoin in tandem with conventional fixed-income products.
“Just as the US economy was built on insurance, pensions, and mortgages, the Bitcoin economy will require its own long-duration financial products,” said Chris Ahn from Haun Ventures, underlining the anticipated growth in demand for new BTC-denominated financial solutions.
Meanwhile was launched in June 2023 with $19 million in initial funding from notable investors like OpenAI’s CEO Sam Altman and Google’s AI-focused Gradient Ventures.
Similar developments have been noted in the sector, such as Barbados-based Tabit, which recently raised $40 million in Bitcoin to secure its conventional insurance policies. This move highlighted a trend towards forming a market that connects digital assets with traditional financial instruments.
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