Bitcoin Life Insurance Company Meanwhile Secures $82M Funding to Expand BTC Savings and Retirement Products

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Bitcoin Life Insurance Company Meanwhile Secures $82M Funding to Expand BTC Savings and Retirement Products

Meanwhile, the pioneering regulated life insurance company operating exclusively in Bitcoin (BTC), announced it has secured $82 million in funding to expand its inflation-protected savings and retirement solutions. The investment round was co-led by Bain Capital Crypto and Haun Ventures, with participation from Pantera Capital, Apollo, and other major investors. Based in Bermuda, Meanwhile offers BTC-denominated life insurance and annuity products, enabling policyholders to preserve and transfer wealth using the fixed-supply digital asset. While protecting against inflation and currency devaluation, policyholders also assume Bitcoin's inherent price volatility. All products are regulated by the Bermuda Monetary Authority and designed to mirror traditional long-term financial instruments. The company generates returns through long-term Bitcoin lending to private credit markets, maintaining solvency standards comparable to traditional insurers. CEO Zac Townsend stated: "We're bringing life insurance's stable capital role to Bitcoin - helping families protect wealth in BTC while enabling institutions to launch compliant, scalable bitcoin-indexed products." Meanwhile reported its Bitcoin assets under management have surged over 200% this year, significantly outpacing Bitcoin's 34% price appreciation. The new capital will fuel international expansion, partnerships with traditional insurers, and development of regulatory-compliant Bitcoin-linked retirement tools.
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