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.