Articles from Meanwhile

Meanwhile, the first life insurer licensed to operate entirely in Bitcoin, today announced $37.5 million in new funding from its existing investors. Bain Capital Crypto led the round, alongside Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital. Meanwhile, whose backers also include Sam Altman, has now raised more than $180 million.

Meanwhile, the world’s first fully Bitcoin-denominated life insurance provider, today announced an update to its flagship Ten-Pay Whole Life policy, lowering the minimum from 1.0 BTC to 0.25 BTC. This right-sizing of the entry point reflects Bitcoin’s historic appreciation and ensures strategic alignment with the realities of today’s market.

Meanwhile, the world’s first Bitcoin-denominated life insurance company, announced today the appointment of Michael Grob as Head of International Distribution. Grob brings over two decades of experience in life insurance, wealth planning, and international private banking. This appointment bolsters Meanwhile’s commitment to its global expansion strategy as the company extends its pioneering Bitcoin-denominated life insurance products to high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients across international markets.

Meanwhile, the first and only life insurer entirely denominated in a cryptocurrency, has announced ~$19 million in financing across two seed rounds, the first co-led by Sam Altman, CEO of OpenAI, and Lachy Groom, previous head of Stripe issuing, and with Gradient Ventures (Google) in the top spot during the second round. The funding allows Meanwhile to be licensed and regulated as an life insurance company by the Bermuda Monetary Authority, a leading global insurance regulator, as well as hire to its initial team and launch its first product – Bitcoin (BTC)-denominated whole life insurance.