Meanwhile raises $37.5 million led by Bain Capital Crypto, total funding tops $180 million

Meanwhile, a Bermuda-based life insurance company operating entirely on Bitcoin , has secured $37.5 million from existing investors, bringing its total funding to over $180 million. The most recent investment round was led by Bain Capital Crypto, with additional participation from Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital. The company positions itself as the first licensed life insurer to run its balance sheet, reserves, and audited financials exclusively in Bitcoin. After two years in the Bermuda Monetary Authority’s regulatory sandbox, Meanwhile received its full operating license in July 2024.

Source: CoinTurk News