Meanwhile Secures $82 Million to Expand Bitcoin-Denominated Insurance Products

According to the company’s official statement, Meanwhile will use its new $82 million round, led by Bain Capital Crypto and Haun Ventures, to grow Bitcoin-based insurance and savings offerings through institutional partnerships.

BTC

Summary

Meanwhile announced an $82 million funding round led by Bain Capital Crypto and Haun Ventures, with participation from Pantera Capital and others. The company, regulated by the Bermuda Monetary Authority, plans to allocate the funds toward expanding Bitcoin-denominated insurance, annuities, and savings products via institutional partnerships. Meanwhile reported over 200% growth in its Bitcoin assets under management, bringing total 2025 funding to $122 million, according to its official release.

Terms & Concepts
  • Bitcoin-Denominated Insurance: Insurance policies valued and paid in Bitcoin, aiming to provide protection from fiat currency devaluation and inflation.
  • Bermuda Monetary Authority: The financial regulator overseeing Bermuda’s monetary system, including insurance and investment firms operating in or from the territory.
  • Bitcoin Assets Under Management (AUM): The total value of Bitcoin held by a company to support its financial products or services, reflecting scale and demand.