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Meanwhile — Bitcoin-Denominated Whole Life Insurance
Meanwhile is the first life insurance carrier licensed by the Bermuda Monetary Authority to denominate all policy values — premiums, accumulated cash value, policy loans, and death benefits — entirely in bitcoin. The company raised $82 million in October 2025 and reported 5.4x asset growth in 2025.
Meanwhile Insurance Bitcoin (Bermuda) Limited is domiciled in Bermuda and regulated by the Bermuda Monetary Authority. It offers a Ten-Pay Whole Life policy in which all premiums, accumulated cash value, and death benefits are denominated and settled in bitcoin. Premiums compound inside the policy at a policy-defined rate measured in bitcoin terms, with growth occurring within a Bermuda insurance regulatory framework. Full death benefit coverage activates with the first premium payment. After one year, policyholders may borrow against up to 90% of their policy's cash surrender value with no fixed repayment schedule or margin call risk. Meanwhile holds policyholder bitcoin exclusively with OCC-regulated institutional custodians — Anchorage Digital and Coinbase — in segregated accounts, with no wallets or seed phrases required from policyholders. The minimum policy size was reduced to 0.25 BTC in 2025. In October 2025, Meanwhile raised $82 million in a round co-led by Bain Capital Crypto and Haun Ventures, with participation from Pantera Capital, Apollo, and Northwestern Mutual Future Ventures. The company reported net income in both 2024 and 2025.