Bitcoin News Today: Bitcoin Insurer Constructs Financial Pillars for Emerging Crypto Economy
Meanwhile, a regulated BitcoinBTC-- life insurer, has secured $82 million in new funding to expand its Bitcoin-denominated insurance and retirement products[1]. The round was co-led by Bain Capital Crypto and Haun Ventures, with participation from Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Stillmark[2]. This brings the company's total 2025 funding to $122 million, following a $40 million Series A in April[3]. The capital will accelerate the development of BTC-linked savings, life insurance, and annuity products for institutions and global markets[4].
Licensed by the Bermuda Monetary Authority, Meanwhile operates as the first long-term insurer fully denominated in Bitcoin[1]. Its offerings include life insurance, annuities, and savings products designed to hedge against inflation and currency devaluation. Policyholders can accumulate and transfer wealth in Bitcoin, leveraging its fixed supply as a store of value. The company's Bitcoin assets under management have surged over 200% year-to-date, outpacing Bitcoin's 34% price increase[5].
Meanwhile generates sustainable returns through conservative private credit and long-term BTC lending, maintaining solvency standards comparable to traditional insurers[2]. Zac Townsend, CEO, emphasized the role of life insurers in providing stable capital to financial markets and stated that Meanwhile is "bringing that same role to Bitcoin-helping families save and protect wealth in BTC, while giving institutions new ways to earn returns and launch bitcoin-indexed products that are compliant and easy to scale"[3].
The firm's approach has attracted both institutional and individual investors seeking alternatives to dollar-based products. Apollo and Northwestern Mutual's participation underscores growing acceptance of Bitcoin as a regulated asset class. Chris Ahn of Haun Ventures noted that "the Bitcoin economy will require its own long-duration financial products," comparing Meanwhile's role to traditional insurance, pensions, and mortgages in building the U.S. economy[4].
The funding will also support international expansion and partnerships with traditional insurers to develop new Bitcoin-linked retirement tools[5]. Meanwhile, founded by fintech entrepreneurs Zac Townsend and Max Gasner, aims to bridge traditional finance and Bitcoin innovation, positioning itself as a pioneer in Bitcoin-based capital markets[6].
Quickly understand the history and background of various well-known coins
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.



Comments
No comments yet