Sam Altmanbacked bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Cryptoled round

Image for article Sam Altmanbacked bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Cryptoled round
News Source : CoinDesk

News Summary

  • Life insurer focused on bitcoin BTC $82,800.62 and backed by OpenAI founder and CEO Sam Altman, raised $37.5 million as it expands outside the u.s. The Bermuda-based company has now raised a total of $180 million, according to an emailed announcement on Thursday.
  • Meanwhile, which raised $82 million one year ago, offers life insurance policies with premiums and death benefits denominated in bitcoin rather than traditional currencies.
  • Its BTC Life 1-Pay product, introduced earlier this year, allows customers to pay a single bitcoin premium in exchange for a guaranteed BTC-denominated death benefit.
Meanwhile, a life insurer focused on bitcoin BTC $82 547,64 and backed by OpenAI founder and CEO Sam Altman, raised $37.5 million as it expands outside the U.S.

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