Meanwhile raises $37.5M led by Bain Capital Crypto for Bitcoin insurance
Image: The BlockBitcoin life insurer Meanwhile raised $37.5 million from existing investors in a round led by Bain Capital Crypto, the Bermuda-based company said. Total funding now exceeds $180 million. The company said it signed 15 brokers serving wealthy clients in Asia, Europe and the Middle East. Meanwhile reported 1,183 BTC in total assets at the end of 2025. The firm has not disclosed how many BTC Life 1-Pay policies it has sold.
Key points
- Meanwhile raised $37.5 million from existing investors, with Bain Capital Crypto leading the round.
- Total funding for the Bermuda-based Bitcoin life insurer now exceeds $180 million.
- The company said it signed 15 brokers serving wealthy clients in Asia, Europe and the Middle East.
- Meanwhile introduced BTC Life 1-Pay in early 2026 for high-net-worth clients outside the U.S.
- The Bermuda Monetary Authority licensed Meanwhile in July 2024 after a regulatory sandbox period.
Why it matters
The funding supports expansion of Bitcoin-denominated life insurance outside the U.S., where the company says wealthy clients want regulated ways to pass on Bitcoin holdings to family members.
What's unclear
Meanwhile has not disclosed how many BTC Life 1-Pay policies it has sold or the total Bitcoin value of premiums received.
Price context · BTC
At publication
$82,531.00
Now
$82,674.00
Change since
+0.17%
7 days · dashed line = publication
Sources · 2 publishers
The Block
Tier 1
Sam Altman-backed bitcoin life insurer Meanwhile raises $37.5 million round led by Bain Capital Crypto
Coverage timeline
- First reported by Crypto.news
- Confirmed by The Block
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
