{
  "id": 13455547,
  "title": "This Sam Altman-Backed Life Insurer Runs Entirely on Bitcoin, and Just Raised $37.5 Million",
  "url": "https://urgent.news/2026/10/10/this-sam-altman-backed-life-insurer-runs-entirely-on-bitcoin-and-just",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-10T16:01:04.000Z",
  "source": {
    "name": "Decrypt",
    "slug": "decrypt",
    "url": "https://decrypt.co/380633/sam-altman-backed-life-insurer-bitcoin-raise"
  },
  "original_language": "en",
  "account": null,
  "summary": "A Bermuda-based life insurer that operates entirely on Bitcoin has raised $37.5 million in funding. The round was led by Bain Capital Crypto and included existing backers, with Meanwhile now having raised over $180 million.\n\nThe insurer, Meanwhile, has seen increased demand for its Bitcoin life insurance policies, particularly from wealthy families in Asia, Europe, and the Middle East, amid broader macro instability. According to Cointelegraph, Meanwhile's co-founder and CEO, Zac Townsend, stated that wealthy families already hold Bitcoin but lacked a regulated way to pass it on.\n\nThe funding round values Meanwhile at $350 million, up from $190 million in April 2025, according to sources cited by Axios. Meanwhile offers life insurance policies, including a single-premium whole life policy for high-net-worth clients outside the US and a product designed for US taxpayers.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Cointelegraph",
        "title": "Sam Altman-backed Bitcoin life insurer, Meanwhile, raises more funds",
        "url": "https://urgent.news/2026/10/10/sam-altman-backed-bitcoin-life-insurer-meanwhile-raises-more-funds",
        "published": "2026-10-10T07:10:43.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}