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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
10/11/2026

Meanwhile Raises $37.5M to Scale Bitcoin-Only Life Insurance

What happened: Bermuda-based Meanwhile, a life insurer running its balance sheet and reserves entirely on Bitcoin, secured $37.

Meanwhile Raises $37.5M to Scale Bitcoin-Only Life Insurance

What happened: Bermuda-based Meanwhile, a life insurer running its balance sheet and reserves entirely on Bitcoin, secured $37.5 million in late-stage funding led by Bain Capital Crypto. The round, which values Meanwhile at approximately $350 million, saw participation from Haun Ventures, Pantera Capital, Apollo, and others. The company, which has now raised over $180 million, reported surging demand from wealthy families in Asia, Europe, and the Middle East, with its single-premium whole-life product (BTC Life 1-Pay) driving growth. Net long-term underwriting income has already surpassed full-year 2025 levels and is on track to more than double in 2026.

Why it matters: Meanwhile represents a rare example of full-stack Bitcoin-native financial infrastructure, operating under Bermuda Monetary Authority oversight. Its traction among global high-net-worth clients signals growing appetite for crypto-denominated insurance and wealth protection. The raise also demonstrates continued institutional confidence in Bitcoin-backed business models, even as broader crypto markets face volatility.

Source: Decrypt