Meanwhile raises $37.5M led by Bain Capital Crypto for Bitcoin insurance

CryptoVideos brief
Built from 4 sources 9 Oct 2026 · 10:41 UTC 1 min read Main editor: Earl Jacobson

Bitcoin 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.
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

$75,805.00

Change since

−8.15%

7 days

Sources · 4 publishers

Crypto.news Tier 2 First report 9 Oct, 10:05 UTC

Sam Altman-backed Meanwhile raises $37.5M for Bitcoin insurance

The Block Tier 1 9 Oct, 10:33 UTC

Sam Altman-backed bitcoin life insurer Meanwhile raises $37.5 million round led by Bain Capital Crypto

Bitcoin Magazine Tier 1 10 Oct, 00:53 UTC

Bitcoin Life Insurer Meanwhile Raises $37.5M as Wealthy Families Look to Pass On Their BTC

Cointelegraph Tier 1 10 Oct, 07:10 UTC

Sam Altman-backed Bitcoin life insurer, Meanwhile, raises more funds

Coverage timeline

Oct 9, 10:05First reported by Crypto.news
Oct 9, 10:33Also reported by The Block
Oct 9, 10:41CryptoVideos brief published
Oct 10, 00:53–07:102 more publishers added to sources

How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error