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

Meanwhile, a life insurer licensed to operate completely in Bitcoin, announced $37.5 million in new funding from existing investors.

Bermuda-based Meanwhile, whose backers include OpenAI CEO Sam Altman, has now raised more than $180 million.

Bain Capital Crypto led the new round, alongside Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital, it said in a statement.

The round follows increased international demand for Meanwhile’s Bitcoin life insurance policies, particularly in Asia, Europe and the Middle East, amid broader macro instability, according to the statement on Thursday.

“Wealthy families around the world already hold Bitcoin. What they haven’t had is a regulated way to pass it on,” Zac Townsend, Meanwhile’s co-founder and CEO, said in the statement. “Brokers came to us because their clients kept asking. This round lets us keep up with them.”

Passing Bitcoin to the next generation

In early 2026, Meanwhile launched BTC Life 1-Pay, a single-premium whole life policy built for high-net-worth clients outside the United States. It is the company’s second product line after BTC 10-Pay, which is designed for US taxpayers.