Crypto startup Meanwhile has raised $40 million to scale its Bitcoin-denominated life insurance business, targeting so-called “inflation-prone economies” where policyholders may seek alternatives to traditional fiat-based payouts. The Series A investment round was led by Framework Ventures and Fulgur Ventures, with additional participation from Xapo founder Wences Casares, the company disclosed on April 10. Meanwhile previously secured $20. 5 million in seed funding backed by OpenAI CEO Sam Altman and others
source: https://cointelegraph.com/news/meanwhile-raises-40-million-bitcoin-life-insurance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound