Meanwhile, an insurance provider licensed to function entirely in Bitcoin, disclosed an infusion of $37.5 million in fresh capital supplied by its current backers.
Headquartered in Bermuda, Meanwhile counts OpenAI chief executive Sam Altman among its supporters and has currently accumulated in excess of $180 million total.
Bain Capital Crypto spearheaded this recent financing stage, joined by Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital, as noted in a statement.
This funding arrives on the heels of surging global interest in the firm’s Bitcoin life insurance offerings, specifically across Asia, Europe, and the Middle East, driven by macro-level economic uncertainty, based on Thursday’s announcement.
“Affluent households worldwide currently possess Bitcoin. The element they lacked was a lawful method to transfer it,” remarked Zac Townsend, co-founder and CEO of Meanwhile, within the release. “Brokers approached us because their customers continually inquired. This financing empowers us to keep pace with them.”
Passing Bitcoin to the next generation
During the early months of 2026, Meanwhile introduced BTC Life 1-Pay, a single-premium permanent life insurance plan tailored for wealthy individuals residing outside the United States. This marks their secondary product offering following BTC 10-Pay, which targets United States taxpayers.
These insurance policies may be held by single persons, trusts, or corporate entities, establishing them as suitable instruments for legacy and estate arrangement, according to the organization.
Net long-term underwriting revenue has already exceeded the previous year’s aggregate and projects to scale upwards of double by the close of 2026, the firm supplemented, omitting exact metrics.
Cointelegraph reported during June that WTW, an international risk management and insurance brokerage firm, bought out digital asset insurance platform Redefind and rolled out a virtual asset defense program addressing costs tied to forensic examinations, asset tracking, and legal retrieval procedures following theft or misplacement.
Redefind functions as a digital currency insurance network permitting persons and organizations to secure protection for virtual holdings distributed across various storage setups. The enterprise noted that its architecture applies cryptographic verification of ownership to authenticate protected holdings.
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