Bitcoin-focused life insurance company Meanwhile has secured $82 million in fresh funding to accelerate the growth of its Bitcoin-denominated savings, annuities, and insurance offerings. The round was co-led by Bain Capital Crypto and Haun Ventures, with participation from Apollo, Stillmark, and Northwestern Mutual Future Ventures.
The capital will help meet “surging demand” for Bitcoin-based retirement and inflation-resistant savings products. All policy values, premiums, and claims in Meanwhile’s ecosystem are managed entirely in Bitcoin (BTC$121,477).
This latest funding brings Meanwhile’s total capital raised in 2025 to $122 million, following a $40 million Series A completed in April that was led by Framework Ventures and Fulgur Ventures.
Bridging traditional finance and Bitcoin
Meanwhile’s CEO Zac Townsend noted that investor participation from both crypto-native and traditional finance firms reflects growing belief in Bitcoin as a foundational asset for savings and intergenerational wealth transfer.
As regulation improves, we expect insurers and reinsurers to treat Bitcoin as a complement to sovereign fixed income.
Backing investors echoed this long-term vision. Traditional economies were built on insurance and pension systems, the Bitcoin economy will require its own BTC-denominated financial products.
Expanding insurance innovation in crypto
Founded in June 2023 with $19 million in seed funding from investors including OpenAI CEO Sam Altman and Gradient Ventures, Meanwhile is part of a growing segment of firms integrating Bitcoin into mainstream insurance and savings.
Earlier this year, Tabit, a Barbados-based insurer, raised $40 million in BTC to back its property and casualty reserves making it the first company to hold its entire regulatory reserve in Bitcoin.
In parallel, blockchain-native platforms such as Nayms and Ensuro are creating onchain insurance marketplaces, linking brokers and capital providers to DeFi investors seeking exposure to real-world insurance risk.