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Meanwhile Raises $37.5m From Investors

Bain Capital Crypto led the round as Meanwhile said international demand for its Bitcoin life insurance is rising in Asia, Europe and the Middle East.

  • On Thursday, Bermuda-based life insurer Meanwhile announced $37.5 million in new funding led by Bain Capital Crypto, bringing total capital raised to more than $180 million.
  • Backed by OpenAI CEO Sam Altman, the company holds a Class IILT license from the Bermuda Monetary Authority and operates as a regulated bitcoin life insurer.
  • International demand for bitcoin life insurance surged across Asia, Europe, and the Middle East, prompting the BTC Life 1-Pay product launch earlier in 2026 with guaranteed BTC-denominated death benefits.
  • Meanwhile has signed 15 brokers serving wealthy families, including Lioner and Apeiron Group, operating across insurance hubs in Singapore, Hong Kong, the UAE, and Switzerland.
  • CEO Zac Townsend stated wealthy families globally hold bitcoin but "haven't had is a regulated way to pass it on," positioning Meanwhile to provide transparency as digital assets enter mainstream wealth planning.
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Meanwhile raises more funds

Altman-backed Bitcoin insurance company raises more funds

·New York, United States
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Meanwhile, the first life insurance company to be licensed to operate solely with Bitcoin (BTC), announced on October 8th that it had raised $37.5 million (approximately 6 billion yen, at an exchange rate of 1 dollar = 160 yen) from existing investors... The post Sam Altman-backed Bitcoin life insurance company raises an additional 6 billion yen first appeared on NADA NEWS.

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Cryptocurrency News | Cryptocurrency Prices | Market Cap broke the news on Thursday, October 8, 2026.
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