Meanwhile, the first regulated Bitcoin life insurer, has closed an $82 million funding round to meet rising demand for inflation-resistant savings and retirement products. The round was co-led by Bain Capital Crypto and Haun Ventures, with Pantera Capital participating alongside Apollo, Northwestern Mutual Future Ventures, and Stillmark.
The capital will help Meanwhile expand global access to Bitcoin-denominated life insurance, annuities, and savings bonds through institutional partnerships. This latest raise brings the company's total 2025 funding to $122 million, following a $40 million Series A earlier this year led by Framework Ventures and Fulgur Ventures.
Meanwhile's products merge the reliability of traditional life insurance with Bitcoin's scarcity and resistance to inflation. For policyholders worldwide, this creates a new option for long-term financial planning, hedging against currency devaluation, and transferring wealth securely across generations.
The company's Bitcoin assets under management have grown by over 200%, driven by demand from both individual savers and institutions exploring Bitcoin-linked corporate treasury products. Meanwhile operates under the oversight of the Bermuda Monetary Authority, a respected global financial regulator.
The fresh funding will support product development and partnerships with established financial institutions looking to offer Bitcoin-indexed savings and retirement plans to their customers. Meanwhile aims to make these products compliant, scalable, and accessible to mainstream markets.
The company has achieved several industry milestones: it became the first Bitcoin-denominated life insurer globally, secured the first long-term insurance license in Bermuda, and produced the first audited Bitcoin financial statements. Meanwhile also earns Bitcoin through conservative lending and private credit, positioning itself as one of the largest long-duration BTC lenders with terms exceeding six months.
"Life insurers have always provided the steady, long-term capital that keeps financial markets moving," said Zac Townsend, CEO of Meanwhile. "We're 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. This raise lets us build on what's working and expand it with partners around the world."
Meanwhile operates as a licensed, prudentially regulated carrier that meets solvency and reserve standards comparable to traditional insurers. The company generates yield through private credit and long-term lending to vetted counterparties, avoiding reliance on short-term speculation.
The combination of crypto-native investors and traditional financial institutions in this round reflects Bitcoin's growing acceptance as a foundation for regulated financial products. Life insurance represents roughly 3% of global GDP, and Meanwhile is working to introduce Bitcoin into this established sector.
"At Haun Ventures, our thesis is that the Bitcoin economy needs more than trading platforms and DATs—it needs the core building blocks of capital markets. Just as the U.S. economy was built on insurance, pensions, and mortgages, the Bitcoin economy will require its own long-duration financial products. Meanwhile is the first mover in this category, and we believe it will unlock a new wave of innovation across Bitcoin-denominated markets," said Chris Ahn, Partner at Haun Ventures.
"Meanwhile is building simple, compliant, and lasting products that make Bitcoin practical for both people and institutions," said Stefan Cohen, Partner at Bain Capital Crypto. "We're excited to back the team as they scale and work with established insurers to bring bitcoin-linked savings and retirement products to market—safely, at institutional grade, and globally."
Meanwhile Incorporated is the parent company of Meanwhile Insurance Bitcoin (Bermuda) Limited, the first licensed long-term insurer denominated entirely in Bitcoin. All premiums, policy values, and claims are managed in BTC. The company was co-founded by fintech entrepreneurs Zac Townsend and Max Gasner, with backing from investors including Sam Altman.
