Meanwhile Secures $40 Million for Bitcoin Insurance Expansion

Meanwhile, a Bermuda-based startup offering Bitcoin-denominated life insurance, has successfully raised $40 million in a Series A funding round co-led by Framework Ventures and Fulgur Ventures, with participation from Bitcoin pioneer Wences Casares. The startup aims to protect policyholders against inflation by allowing them to pay premiums and receive payouts in Bitcoin. This funding will support the company's global expansion and regulatory compliance efforts as it seeks to provide financial products that maintain value in times of economic instability. Meanwhile's flagship product, BTC Whole Life insurance, is designed to appeal to investors concerned about traditional financial systems. The firm previously raised $20.5 million in seed funding, highlighting growing interest in cryptocurrency-based financial services. The company's innovative approach positions it at the forefront of a burgeoning market that increasingly values digital assets as inflation hedges.