Bitcoin Life Insurance Gets $82M Boost as Meanwhile Secures Major Funding

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Meanwhile, a Bermuda-regulated Bitcoin life insurer, secured $82 million in funding co-led by Bain Capital Crypto and Haun Ventures with participation from Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Stillmark.
The company offers Bitcoin-denominated life insurance, annuities, and savings products to protect against inflation and currency devaluation.
Meanwhile’s Bitcoin assets under management have grown by over 200% due to increased demand from individuals and institutions.
This funding brings Meanwhile’s total 2025 capital raised to $122 million, following a $40 million Series A round earlier this year.
The company is the world’s first Bitcoin-denominated life insurer and operates under the Bermuda Monetary Authority’s supervision.

Meanwhile, a Bermuda-based Bitcoin life insurance company, closed an $82 million funding round to meet growing demand for cryptocurrency-based financial products. The round was co-led by Bain Capital Crypto and Haun Ventures.

JUST IN: Bitcoin life insurer Meanwhile raises $82 million led by Pantera and Haun Ventures.
Meanwhile offers life insurance fully denominated in Bitcoin. 🟧 pic.twitter.com/96aP4sjXeR
— Bitcoin Archive (@BTC_Archive) October 7, 2025

Pantera Capital joined the investment along with Apollo, Northwestern Mutual Future Ventures, and Stillmark. The funding will help Meanwhile expand access to Bitcoin-denominated life insurance, annuities, and savings products through institutional partners.

Meanwhile operates under regulation by the Bermuda Monetary Authority. The company provides life insurance and savings products denominated in Bitcoin rather than traditional currencies.

The firm’s Bitcoin assets under management have increased by more than 200 percent. This growth reflects rising demand from both individual customers and financial institutions.

Zac Townsend serves as CEO of Meanwhile. He stated that life insurers traditionally provide long-term capital to financial markets.

The company now applies this model to Bitcoin. Meanwhile helps families save and protect wealth in BTC while offering institutions compliant ways to launch Bitcoin-indexed products.

Bitcoin-Denominated Financial Products

Meanwhile claims to be the world’s first Bitcoin-denominated life insurer. The Bermuda Monetary Authority granted the company the first long-term insurance license in the jurisdiction.

The firm produces audited Bitcoin financial statements. This practice aims to establish trust and transparency in the Bitcoin insurance sector.

Meanwhile generates returns through conservative lending and private credit activities. The company operates as one of the largest long-duration BTC lenders with loan terms exceeding six months.

This latest funding round brings Meanwhile’s total 2025 capital to $122 million. The company previously raised $40 million in a Series A round earlier this year.

Framework Ventures and Fulgur Ventures co-led that earlier round. The participation of traditional financial institutions like Apollo and Northwestern Mutual shows Bitcoin’s expanding acceptance in regulated finance.

Institutional Investment and Market Expansion

Chris Ahn, a partner at Haun Ventures, said the Bitcoin economy needs core capital market building blocks. He compared this development to how the U.S. economy was built on insurance, pensions, and mortgages.

Stefan Cohen, a partner at Bain Capital Crypto, described Meanwhile’s products as simple and compliant. The company works with established insurers to bring Bitcoin-linked savings and retirement products to market.

Meanwhile operates with full solvency and reserve standards comparable to traditional insurers. The company aims to provide Bitcoin-based products that serve both retail customers and institutional clients.

The firm’s products combine traditional life insurance benefits with Bitcoin’s properties as a scarce asset. Meanwhile positions these offerings as tools for long-term financial planning and wealth transfer.

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