Meanwhile Raises $40 Million for Bitcoin Life Insurance Expansion – Coincu

Zac Townsend’s company, Meanwhile, has successfully completed a $40 million Series A funding round, primarily led by Framework Ventures and Fulgur Ventures, enhancing its valuation to $190 million. This infusion of capital is aimed at expanding Meanwhile’s innovative Bitcoin-based life insurance products for those wary of inflation.

Meanwhile completed a $40 million funding round led by Framework Ventures and Fulgur Ventures with notable participation from Wences Casares, founder of Xapo Bank. The funding elevates Meanwhile’s valuation to $190 million, almost doubling the previous valuation from 2022.

Meanwhile Secures $40M, Boosting Valuation to $190M

Funds are earmarked for global market expansion and regulatory compliance. Meanwhile’s life insurance policies, denominated in Bitcoin, target investors seeking protection against currency instability. Policyholders pay premiums and receive claims in Bitcoin, effectively hedging against inflation risks.

Community and investor confidence are strong, supported by the backing of notable Bitcoin-focused investors like Wences Casares, founder of Xapo Bank. Meanwhile’s innovative product positions it as a leader in Bitcoin-based financial services, meeting demand among cryptocurrency enthusiasts.

Did you know? The value of the U.S. dollar has decreased by about 25% over the past five years, prompting increased interest in inflation-proof financial products like Meanwhile’s Bitcoin life insurance.

Bitcoin Financial Products: A Response to Inflation Concerns

Did you know? The value of the U.S. dollar has decreased by about 25% over the past five years, prompting increased interest in inflation-proof financial products like Meanwhile’s Bitcoin life insurance.

As of April 10, 2025, Bitcoin (BTC) is priced at $79,887.02, holding a market cap of $1.59 trillion, according to CoinMarketCap. Market dominance stands at 62.39%, while trading volume saw a 38.86% decrease. Recent price trends reveal a 3.75% drop in 24 hours and 3.14% over the week.

According to Coincu’s research, Bitcoin-denominated financial products address growing financial concerns around inflation. Such offerings align with historical shifts in financial planning, increasing demand among digital asset holders. Zac Townsend, CEO of Meanwhile, emphasized Bitcoin’s role as a hedge against inflation by stating, “Even in the United States, the dollar has lost about 25% of its value over the past five years, highlighting the universal need for inflation-proof financial products.”