Meanwhile

Meanwhile is a direct-to-consumer life insurance carrier licensed by the Bermuda Monetary Authority as a Class IILT insurer, offering whole life policies denominated entirely in Bitcoin (BTC). The company targets high-net-worth individuals, Bitcoin holders, and digital asset investors who prefer to denominate their insurance coverage in Bitcoin rather than fiat currency. Founded in 2023 by Zac Townsend and Max Gasner and headquartered in Hamilton, Bermuda, Meanwhile operates as the first and only fully regulated Bitcoin-denominated life insurer globally.

The company underwrites policies using an AI-powered, transparent, and bias-free underwriting platform. All premiums, death benefits, policy values, and reserves are denominated in Bitcoin. After two years of policy ownership, customers may access policy loans with a stepped-up cost basis for tax efficiency. In 2025, Meanwhile expanded its product roadmap to include Bitcoin-denominated annuities and savings products aimed at inflation-conscious retirement planning.

Meanwhile published its first audited financial statements in Bitcoin in June 2025, reporting 1,183.11 BTC in audited assets as of December 31, 2025 -- representing 437% growth over the prior year -- and net income of 20.89 BTC. The company raised USD 122M in total funding across a Series A (USD 40M, April 2025) and Series B (USD 82M, October 2025), with investors including Sam Altman, Haun Ventures, Bain Capital Crypto, Framework Ventures, and Fulgur Ventures.