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Meanwhile raises $40M to bring BTC life insurance to inflation-prone economies

  • Crypto startup Meanwhile has raised $40 million to scale its Bitcoin-denominated life insurance business.
  • Regulated by the Bermuda Monetary Authority, Meanwhile offers a whole life insurance policy denominated in Bitcoin, allowing policyholders to safeguard the value of their life insurance against currency debasement.
  • The company's policies target clients in inflation-prone economies and provide the option to access the value of their life insurance through loans and tax-free partial withdrawals.
  • While the inflation-hedging abilities of Bitcoin are subject to debate, the asset has outperformed inflation since its inception.

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