Meanwhile Raises $82M to Expand Bitcoin-Denominated Life Insurance Products

Meanwhile Incorporated, the first licensed long-term Bitcoin-denominated life insurer, has raised $82 million in new funding to address increasing demand for bitcoin-linked savings, retirement, and life insurance products.

The funding round, totaling $82 million, was co-led by Bain Capital Crypto and Haun Ventures, with participation from Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Stillmark. This brings Meanwhile's total fundraising in 2025 to $122 million. Meanwhile integrates traditional life insurance and annuity benefits with Bitcoin, aiming to offer a secure, inflation-resistant asset for long-term financial planning and wealth transfer. Operating as a licensed, prudentially regulated carrier, Meanwhile adheres to strict solvency and reserve requirements similar to established insurers.

The company focuses on generating sustainable yields by leveraging conservative private credit and long-term lending to high-quality counterparties. This strategic move reflects the burgeoning acceptance of Bitcoin as a foundational asset in mainstream financial services, highlighting the growing intersection of crypto assets and traditional insurance markets. Investors stress the broader development of Bitcoin-denominated capital markets and long-duration financial products analog to conventional insurance, pensions, and mortgage systems essential to broader economic frameworks.

Meanwhile’s platform targets both individual policyholders and institutional clients seeking compliant and scalable bitcoin-indexed financial products, aiming to foster innovation in digital asset-linked insurance offerings globally.