Meanwhile, the first life insurer licensed to operate entirely in bitcoin, has raised $37.5 million in a funding 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 raise brings the company’s total funding to over $180 million. In early 2026, Meanwhile launched BTC Life 1-Pay, a single-premium whole life policy for high-net-worth clients outside the United States, allowing them to pay a premium in bitcoin and receive a guaranteed death benefit in bitcoin. The company has signed 15 brokers serving wealthy families in Singapore, Hong Kong, the UAE and Switzerland. Meanwhile, operating through Meanwhile Insurance Bitcoin (Bermuda) Limited which holds the first Class IILT license granted by the Bermuda Monetary Authority, has already seen its net long-term underwriting income surpass last year’s total and expects to more than double revenues in 2026.
Source: Read the original article
