Bitcoin insurer Meanwhile raises $37.5M led by Bain Capital

Meanwhile, the Sam Altman-backed bitcoin life insurance company, has raised $37.5 million in a round led by Bain Capital Crypto. The funding follows the firm's expansion into high-net-worth coverage, having signed 15 brokers serving clients across Switzerland, Singapore, Hong Kong and the UAE.

No valuation, terms or use of proceeds were disclosed in the announcement.