Meanwhile, the first regulated life insurance company that operates entirely in bitcoin (BTC), said on Tuesday it has raised $82 million to scale its savings and retirement products that aim to protect against inflation and currency devaluation.

The funding round was co-led by Bain Capital Crypto and Haun Ventures, with participation from Pantera Capital, Apollo, Northwestern Mutual Future Ventures and Stillmark, the firm shared in a press release with CoinDesk. The raise follows a $40 million round in April led by Fulgur Ventures and Framework, while OpenAI CEO Sam Altman was an early investor.

Founded in Bermuda, Meanwhile offers life insurance and annuity products denominated in BTC, allowing policyholders to save and transfer wealth in an asset with a fixed supply. The service aims t

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