Exchanges· ★★★· bullish·

Sam Altman-backed bitcoin insurer Meanwhile raises $37.5 million after record year

  • —$37.5 million round led by Bain Capital Crypto, with no new outside investors
  • —Meanwhile's life policies are denominated in BTC: premiums and payouts in bitcoin
  • —Demand came from wealthy families in Asia, Europe and the Middle East
  • —The firm operates under a Bermuda Monetary Authority license
Why it matters: Regulated bitcoin-denominated insurance products broaden the infrastructure available to institutional and family-office capital that does not want to sell BTC.
#BTC
Source: CriptoTendencias
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