Sam Altman-Backed Bitcoin Insurer Meanwhile Secures $37.5M to Expand Crypto Estate Planning

Bermuda-based life insurer Meanwhile announced $37.5 million in new funding from existing investors, led by Bain Capital Crypto, bringing its total capital raised to over $180 million. The company operates its policies entirely in Bitcoin $BTC, allowing wealthy individuals, trusts, and corporations to execute succession and estate planning without converting assets into traditional fiat currency. Meanwhile reports its net long-term underwriting income has already exceeded last year's total and is on track to more than double by the end of 2026. In early 2026, the firm launched BTC Life 1-Pay, a single-premium whole life policy aimed at high-net-worth clients outside the United States, running alongside its US-focused BTC 10-Pay product. "Wealthy families around the world already hold Bitcoin. What they haven’t had is a regulated way to pass it on. Brokers came to us because their clients kept asking. This round lets us keep up with them." — Zac Townsend, Meanwhile Co-founder and CEO.