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The new investment builds on a series of funding rounds that have supported Meanwhile’s expansion. In October 2025, the company raised $82 million in a round jointly led by Bain Capital Crypto and Haun Ventures. Earlier that year, it secured $40 million in a financing round backed by Framework Ventures and Fulgur Ventures.
Sam Altman is among Meanwhile’s existing backers, although the company did not identify him as a participant in the latest round.
Bain Capital Crypto partner Stefan Cohen said the insurer combines the established framework of a regulated insurance company with the development approach of an AI-enabled startup.
“The growth this year proves the model, and we’re glad to back them again,” Cohen said.
Meanwhile co-founder and CEO Zac Townsend has also pointed to interest from insurance brokers whose clients want ways to pass Bitcoin holdings to their families. The additional capital is expected to support the company’s distribution network and its international business development efforts.
While the funding announcement highlights stronger demand, Meanwhile has not publicly disclosed a company valuation or a specific revenue figure.
At the center of Meanwhile’s international strategy is BTC Life 1-Pay, a whole life insurance product introduced in early 2026 for high-net-worth clients outside the United States.
The policy allows customers to pay a single premium in Bitcoin in exchange for a guaranteed death benefit denominated in the cryptocurrency. Rather than receiving a benefit fixed in dollars, beneficiaries are entitled to a specified amount of Bitcoin under the policy’s terms.
The product is designed for people who want to preserve Bitcoin exposure while planning how their wealth will be transferred to beneficiaries. Policies can be owned by individuals, trusts or companies, giving clients different options for structuring their estates.
According to Meanwhile, policyholders can borrow against the policy’s value after the first year, with borrowing of up to 90% of that value available under the product’s terms. The company says these loans do not carry a fixed repayment schedule or margin calls.
However, Bitcoin-denominated benefits come with an important distinction: the number of Bitcoin payable under a policy may be guaranteed, but its equivalent value in dollars can fluctuate significantly with the cryptocurrency market.
Meanwhile also offers BTC 10-Pay, a separate product designed for US taxpayers that spreads premium payments over ten years. Both offerings operate through the company’s regulated insurance structure, with premiums and policy benefits denominated in Bitcoin.
The insurer has not disclosed how many policies it has sold or the total Bitcoin value of premiums collected.
Meanwhile says it has signed 15 insurance brokers serving wealthy clients across Asia, Europe and the Middle East. The relationships extend its reach into financial centers including Singapore, Hong Kong, Switzerland and the United Arab Emirates.
Among its distribution partners is Lioner, which provides insurance, trust and family office services in markets including Hong Kong, Singapore and Zurich. Apeiron Group, a marketplace focused on life insurance for wealthy customers, has also joined the network.
Lioner partner Giorgio Jeni said international investors are increasingly considering how digital assets fit into their long-term financial plans.
“Transparency, sound governance and strong regulation will remain important as new solutions emerge,” Jeni said.
Apeiron Group CEO Justin Man similarly highlighted growing interest in passing digital wealth to future generations.
“We’re reaching a turning point where more high-net-worth clients are asking not just how to hold Bitcoin and digital assets, but how to plan around them,” Man said.
Meanwhile also reported that its net long-term underwriting income for 2026 has already surpassed its full-year 2025 total. The company expects that figure to more than double by the end of 2026, although the projection depends on business performance over the remaining months.
Meanwhile operates through Meanwhile Insurance Bitcoin (Bermuda) Limited, which received a Class IILT long-term insurance license from the Bermuda Monetary Authority in July 2024 after participating in the regulator’s insurance innovation sandbox.
The license provides the regulatory foundation for the company’s Bitcoin-denominated insurance business. Meanwhile says its reserves, balance sheet and financial statements are maintained in Bitcoin, while policyholder assets are held with regulated institutional custodians.
The model distinguishes Meanwhile from conventional life insurers that generally collect premiums and pay benefits in fiat currencies. By operating in Bitcoin, the company aims to serve clients who hold substantial digital assets and want their insurance arrangements to reflect that exposure.
Nevertheless, regulatory authorization in Bermuda does not automatically permit the company to sell insurance in every country. Access to its products remains subject to applicable local regulations and distribution requirements.
With more than $180 million raised and a growing network of international brokers, Meanwhile is betting that wealthy Bitcoin holders will increasingly seek insurance products that connect digital asset ownership with traditional estate planning. Whether that demand broadens beyond affluent investors will depend on customer adoption, regulatory developments and the company’s ability to deliver on its long-term insurance obligations.
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