Meanwhile, a regulated bitcoin life insurer, raised $82 million to speed up the growth of its BTC-priced product line. The round matters because it gives savers, retirees and crypto owners a licensed route to insurance and affects investors, product builders and compliance staff.
Meanwhile raised $82 million to speed up the growth of its BTC-priced product line. As a regulated bitcoin life insurer, the company is centering this funding on expanding products priced in BTC.
The round gives savers, retirees and crypto owners a licensed route to insurance. It also affects investors, product builders and compliance staff, highlighting its relevance across customer and professional groups connected to bitcoin-denominated insurance.
Meanwhile’s $82 million raise focuses on scaling BTC-priced life insurance, creating a licensed pathway for key customer groups and influencing investors, builders and compliance teams. This development ties funding directly to product growth and its impact on market participants.
Why the round matters
In a recent fundraising round, the Bitcoin-denominated life insurer Meanwhile secured US$82 million from a group of high-profile backers including Apollo, Northwestern Mutual, Pantera Capital, Stillmark, Bain Capital, and Haun Ventures.
The company, which is regulated in Bermuda, claims to be the first to offer life insurance products that are entirely denominated in cryptocurrency.
Operating since 2023, Meanwhile uses premiums collected in Bitcoin and then lends that Bitcoin to large, regulated financial institutions as part of its investment strategy.
Zac Townsend, a co-founder and CEO, noted that this model has made Meanwhile “one of the largest lenders of Bitcoin in the world at duration,” meaning over longer time horizons.
Bloomberg
The firm’s structure aligns assets and liabilities all in Bitcoin, which helps it mitigate typical currency risks.
It claims its assets under management (in BTC terms) have grown by more than 200 % year over year.
Meanwhile intends to use the new capital to expand internationally, partner with traditional insurers, and develop additional savings or retirement products denominated in Bitcoin.
By raising capital in this round, Meanwhile brings its total funding in 2025 to US$122 million (including an earlier US$40 million round in April).
The company is positioning itself at the intersection of crypto and legacy financial services, aiming to offer regulated, long-duration Bitcoin-based financial products to both individuals and institutions.
