Meanwhile Raises $82 Million for Global Expansion in Bitcoin-Backed Insurance

Crypto insurance firm Meanwhile secured a significant funding round of $82 million to fuel global expansion, led by renowned players like Haun Ventures and Bain Capital Crypto. This investment highlights the growing integration of Bitcoin into financial services, with potential to reshape insurance models and impact cryptocurrency markets. The company plans to bolster its balance sheet through Bitcoin, potentially converting equity stakes to Bitcoin based on performance metrics. Meanwhile aims to expand its global footprint and provide regulated Bitcoin life insurance to families, helping them protect wealth in BTC while offering institutions new avenues for return generation via compliant Bitcoin-indexed products.