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    Home»Bitcoin»Life insurer In the meantime raises $82M for Bitcoin monetary merchandise
    Life insurer In the meantime raises M for Bitcoin monetary merchandise
    Bitcoin

    Life insurer In the meantime raises $82M for Bitcoin monetary merchandise

    By Crypto EditorOctober 7, 2025No Comments3 Mins Read
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    Bitcoin life insurance coverage firm In the meantime has raised $82 million in a brand new funding spherical led by Bain Capital Crypto and Haun Ventures.

    The corporate, regulated by the Bermuda Financial Authority, plans to make use of the funds to satisfy “surging demand” for Bitcoin-denominated retirement and “inflation-proof” financial savings merchandise, in accordance with a Tuesday announcement.

    In the meantime affords Bitcoin-based life insurance coverage, annuities, financial savings merchandise and insurance coverage bonds for people and establishments, with all premiums, coverage values and claims managed in Bitcoin (BTC). 

    Apollo, Stillmark and Northwestern Mutual Future Ventures additionally contributed to the funding spherical.

    The brand new funding brings In the meantime’s complete capital raised in 2025 to $122 million, including to its $40 million Sequence A from April led by Framework Ventures and Fulgur Ventures.

    Zac Townsend, CEO of In the meantime, advised Cointelegraph that having buyers from each crypto and conventional finance confirmed “each domains see Bitcoin as a foundational asset for financial savings, safety, and intergenerational wealth switch.”

    He added that as regulation improves, he expects “insurers and reinsurers to deal with Bitcoin as a complement to sovereign mounted revenue.”

    Life insurer In the meantime raises M for Bitcoin monetary merchandise
    Supply: Zac Townsend

    Traders backing In the meantime say a Bitcoin-based financial system will create rising demand for brand spanking new BTC-denominated monetary merchandise. “Simply because the US financial system was constructed on insurance coverage, pensions, and mortgages, the Bitcoin financial system would require its personal long-duration monetary merchandise,” mentioned Chris Ahn, a accomplice at Haun Ventures.

    Associated: OpenAI hits $500B valuation, surpassing SpaceX as world’s largest startup

    Insurance coverage in crypto

    In the meantime launched in June 2023 with $19 million in seed funding from buyers together with OpenAI’s CEO Sam Altman and Google’s AI-focused fund Gradient Ventures.

    In March 2025, Tabit, an insurer based mostly in Barbados, raised $40 million in BTC to again its conventional insurance coverage insurance policies. On the time, the corporate claimed to be the primary property and casualty insurer to carry its total regulatory reserve in Bitcoin.