Meanwhile Raises $37.5M to Expand Bitcoin Life Insurance Globally
Meanwhile Raises $37.5M as Global Demand Grows Meanwhile has raised $37.5 million in new funding from its existing investors. Bain Capital Crypto led the round alongside Haun Ventures, Framework Ventures The post Meanwhile Raises $37.5M to Expand Bitcoin Life Insurance Globally appeared first on Ventureburn .
Meanwhile, a Bermuda-based Bitcoin life insurance company, has secured $37.5 million in new funding from existing investors. Bain Capital Crypto led the round followed by Haun Ventures, Framework Ventures, and Pantera Capital. Additional investors included Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital, bringing the total funding for the company above $180 million.
The insurer, which holds a reported $350 million valuation, plans to utilize the capital for international expansion and development of Bitcoin-denominated insurance products.
Meanwhile's growth has been strongest in Asia, Europe, and the Middle East, driven by demand from wealthy Bitcoin holders globally. The company's latest product, BTC Life 1-Pay, targets high-net-worth clients outside the United States, offering a single-premium whole life insurance policy denominated in Bitcoin. This product allows policyholders to receive a guaranteed Bitcoin death benefit for life, with the option to borrow up to 90% of the policy value after the first year.
To support its international expansion, Meanwhile has formed partnerships with brokers in Singapore, Hong Kong, the UAE, and Switzerland. These brokers serve wealthy families seeking digital asset wealth protection. The company is also working with specialist groups catering to high-net-worth clients, such as Lioner and Apeiron Group. Meanwhile has signed 15 broker partners since launching its international offering, with Lioner's offices in Hong Kong, Singapore, and Zurich.
Meanwhile's international push coincides with strong financial performance, with net long-term underwriting income exceeding last year's total. The company plans to invest its latest funding into core actuarial software, data science teams, and expanding its crypto-native legal and compliance workforce. Meanwhile's Bitcoin-native infrastructure allows it to operate as a regulated insurer, combining insurance operations with AI-enabled technology. The funding aims to make Bitcoin-based wealth protection more accessible across generations.
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