Meanwhile’s latest capital raise of $82m lifts 2025 total to $122m

Bermuda-based Bitcoin life insurer Meanwhile has raised $82 million in fresh capital to meet growing demand from individuals seeking family protection and institutions looking to offer bitcoin-linked savings, retirement, and life insurance products to clients.

Meanwhile’s products combine the security and predictable benefits of traditional life insurance and annuities with Bitcoin.

The round was co-led by Haun Ventures and Bain Capital Crypto with Pantera Capital and additional participation from Apollo, Northwestern Mutual Future Ventures and Stillmark. With support from both crypto-native and traditional financial institutions, the financing points to Bitcoin’s growing acceptance as a foundation for mainstream financial products. This raise brings Meanwhile’s total funding in 2025 to $122 million, following a $40 million Series A earlier this year co-led by Framework Ventures and Fulgur Ventures.

Zac Townsend (pictured), CEO of Meanwhile, said: “Life insurers have always provided the steady, long-term capital that keeps financial markets moving. We’re bringing that same role to Bitcoin, helping families save and protect wealth in BTC, while giving institutions new ways to earn returns and launch bitcoin-indexed products that are compliant and easy to scale. This raise lets us build on what’s working and expand it with partners around the world.”

Chris Ahn, partner at Haun Ventures, said: “At Haun Ventures, our thesis is that the Bitcoin economy needs more than trading platforms and DATs, it needs the core building blocks of capital markets. Just as the US economy was built on insurance, pensions and mortgages, the Bitcoin economy will require its own long-duration financial products. Meanwhile is the first mover in this category, and we believe it will unlock a new wave of innovation across Bitcoin-denominated markets.”

Stefan Cohen, partner at Bain Capital Crypto, said: “Meanwhile is building simple, compliant and lasting products that make Bitcoin practical for both people and institutions. We’re excited to back the team as they scale and work with established insurers to bring bitcoin-linked savings and retirement products to market, safely, at institutional grade, and globally.”

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