Meanwhile, a regulated life insurance firm specializing in BTC products raised 82 million USD to expand their offerings. The company received major backing from Bain Capital Crypto, and Haun Ventures, among others, and previously raised 40 million USD in April.
Zac Townsend, CEO of Meanwhile, highlighted the importance of providing long-term capital in Bitcoin. With a regulatory backing from Bermuda, the firm aims to create innovative retirement solutions while managing Bitcoin-linked insurance products amidst growing market interests.
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