Insuring Tomorrow with Bitcoin: How a $40M Venture is Changing the Game!

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In a rather twisty turn of events best reserved for the kind of stories that make you question your breakfast—an insurance firm named meanwhile (because, why not?) has decided that life insurance should be powered by something that sounds like a questionable digital currency. That’s right, the Bermuda Monetary Authority is apparently on board with this caper, and they’ve just thrown $40 million at it in a Series A funding round. Who knew? 💸

This company specializes in offering Whole Life Insurance that is neatly wrapped in the shiniest blanket you could possibly imagine—Bitcoin (BTC). So when they say “whole life,” they mean you can now plan your fiscal future while also betting on the latest cryptocurrency meme. What a time to be alive!

Now, as you might expect, this grand funding affair was co-led by the prescient folk at fulgur.ventures, who have the uncanny ability to focus on Bitcoin like it’s the only star in the universe, and Framework Ventures, a team of quite specific financial wizards enchanted by decentralized finance and such fancy terms. They weren’t alone, of course; that old Bitcoin wizard Wences Casares (ever heard of Xapo Bank?) waved his magic wand and joined in the party too.

“Everyone deserves access to financial products that maintain their value over time—especially for long-term planning and family protection. This funding empowers us to reach more people who are concerned about political risk, currency risk, inflation risk, or regime risk,” the firm merrily proclaimed on X. And why not throw in a little existential dread while we’re at it? 🎩✨

This dazzling Bitcoin insurance product comes with features so enticing that traditional financial products are shaking in their boots. Don’t worry, there’s protection from currency debasement, tax advantages that would make a tax lawyer’s eyes sparkle, and liquidity on-demand—because who doesn’t want a sprinkle of magic coins at their fingertips?

“One impossible task was creating a globally unique life insurer entirely denominated in Bitcoin,” boasted Zac Townsend, the grand architect behind meanwhile. “We accept premiums, pay claims, and conduct our audited financials, reserves, and solvency calculations entirely in Bitcoin.” Sounds simple enough—if you don’t think too much about it! 🔮💰

Now, if you’re among the noble elite currently hoarding Bitcoin, you’ll find that this insurance policy doesn’t just sit there being dull; it hands you a ticket to the rollercoaster that is Bitcoin’s long-term growth potential. Hold on to your hats and wallets, folks!

Before this, meanwhile had already raised a decent $20.5 million in their seed round; with endorsements from none other than Sam Altman (CEO of OpenAI) and Hunter Horsley (CEO of Bitwise)—clearly, they have a knack for attracting big-name supporters like a moth to a flame of shiny coins.

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2025-04-10 20:35