Meanwhile raises $37.5 million as Bitcoin life insurance demand rises abroad

Meanwhile, a Bermuda-based life insurance company fully licensed to operate in Bitcoin , has secured $37.5 million in a fresh funding round led by Bain Capital Crypto. Other investors included Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital. Sam Altman is also among the notable backers. This latest capitalization brings Meanwhile’s total raised funds to over $180 million. The company reported that demand for its Bitcoin-denominated life insurance products has been increasing outside the United States, especially in regions including Asia, Europe, and the Middle East.

Source: CoinTurk News