Meanwhile, a bitcoin life insurer with Sam Altman's backing, closes $37.5M round
Meanwhile has completed a $37.5 million fundraising round. Bain Capital Crypto led the investment, with participation from existing backers. The bitcoin life insurer, which has support from Sam Altman, has now raised more than $180 million in total.
The company Meanwhile, which operates in bitcoin-linked life insurance, has secured $37.5 million in new funding. Bain Capital Crypto led the round, and prior investors also took part. The business, which counts Sam Altman among its supporters, has now brought in over $180 million overall. The raise highlights continued venture interest in combining digital assets with traditional financial services, even as crypto markets remain volatile and insurance products face scrutiny over risk and consumer protection.
The move could affect several groups. Consumers interested in bitcoin-linked life insurance may gain another option, though they could also face exposure to crypto price swings. Traditional insurers and regulators may need to assess how such products fit existing protections. Investors and employees tied to Meanwhile could benefit if the company expands, while broader trust in crypto-finance may depend on whether these offerings prove reliable and transparent.