Sam Altman-Backed Bitcoin Life Insurer Raises Additional Funding

Meanwhile, a Bermuda-based insurer operating exclusively with Bitcoin , has secured $37.5 million in fresh funding from existing backers, bringing its total raised capital to more than $180 million. The new round was led by Bain Capital Crypto and included Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital, according to a company statement published by Business Wire. The company said the raise reflects rising international interest in its Bitcoin life insurance offering, with demand growing in regions including Asia, Europe, and the Middle East amid broader macroeconomic uncertainty.

Source: Crypto Breaking News