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Meanwhile Raises $82 Million to Expand Bitcoin-Denominated Insurance

New backing led by Bain Capital Crypto with Haun Ventures signals rising institutional confidence in regulated bitcoin insurance.

Overview

  • The round was co-led by Bain Capital Crypto and Haun Ventures with participation from Pantera Capital, Apollo, Northwestern Mutual Future Ventures and Stillmark.
  • The raise brings total 2025 financing to $122 million following a $40 million Series A earlier this year led by Framework Ventures and Fulgur Ventures.
  • Licensed by the Bermuda Monetary Authority, Meanwhile offers BTC-based life insurance, annuities, savings and retirement products, with policyholders exposed to bitcoin’s price volatility.
  • The company reports more than 200% growth in bitcoin assets under management this year and generates yield through conservative private credit and long-duration BTC lending.
  • Proceeds will support international expansion, partnerships with traditional insurers and development of bitcoin-linked retirement tools designed to meet regulatory standards, with participation by legacy firms underscoring broader acceptance.