{"id":126905,"date":"2025-04-10T17:21:26","date_gmt":"2025-04-10T17:21:26","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=126905"},"modified":"2025-04-10T17:21:26","modified_gmt":"2025-04-10T17:21:26","slug":"meanwhile-raises-40m-to-bring-btc-life-insurance-to-inflation-prone-economies","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=126905","title":{"rendered":"Meanwhile raises $40M to bring BTC life insurance to inflation-prone economies"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsCrypto startup Meanwhile has raised $40 million to scale its Bitcoin-denominated life insurance business, targeting so-called \u201cinflation-prone economies\u201d where policyholders may seek alternatives to traditional fiat-based payouts.<br \/>\nThe 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.\u00a0<br \/>\nMeanwhile previously secured $20.5 million in seed funding backed by OpenAI CEO Sam Altman and others.<br \/>\nSource: MeanwhilelifeRegulated by the Bermuda Monetary Authority, Meanwhile offers a whole life insurance policy denominated in Bitcoin (BTC), giving policyholders the ability to safeguard the value of their life insurance against currency debasement.\u00a0<br \/>\nPolicyholders can access the value of their life insurance anytime through loans and tax-free partial withdrawals.\u00a0<br \/>\nMeanwhile co-founder Zac Townsend told Fortune that the company\u2019s life insurance policies operate similarly to typical life insurance policies, but monthly premiums are paid in Bitcoin. When a policyholder passes away, their family receives the value of the claim entirely in BTC.\u00a0<br \/>\nThe company\u2019s policies are geared toward clients living in regions with high inflation or currency instability, Townsend said. Given the inflationary tendencies of Western economies and the extreme currency fluctuations in emerging markets, Meanwhile has cast a very wide net on its addressable market.\u00a0<br \/>\nRelated: Bitcoin price could rally even as global trade war rages on \u2014 Here\u2019s why<br \/>\nBitcoin and the inflation problem<br \/>\nBitcoin\u2019s deflationary design has made it a popular store of value for early cryptocurrency adopters, but its role as an inflation hedge in the traditional sense is subject to debate.\u00a0<br \/>\nA 2025 study that appeared in the Journal of Economics and Business determined that Bitcoin\u2019s inflation-hedging abilities have weakened in recent years due to rising institutional adoption. The study referenced Bitcoin\u2019s 60% drop in 2022 when US inflation surged to a 40-year high above 9%.<br \/>\nHowever, some analysts may counter that claim by arguing that investors purchased Bitcoin during the pandemic on expectations that inflation would rise due to massive government stimulus.<br \/>\nDuring this period, \u201cInvestors saw that inflation was coming, so they began buying bitcoin hand-over-fist,\u201d said investor and analyst Anthony Pompliano.<br \/>\nRegardless of whether Bitcoin meets the technical definition of an inflation hedge, the asset has significantly outperformed inflation, or the debasement of currency, since its inception.\u00a0<br \/>\nThe Bitcoin price dipped below $80,000 on April 10 after the latest US inflation data triggered renewed volatility in the market. Nevertheless, the report showed a sharp deceleration in annual inflation in March, with the Consumer Price Index falling to 2.4% from 2.8% in February.<br \/>\nThe Bitcoin price experienced heavy intraday volatility following the latest US CPI data. Source: CointelegraphRelated: As Trump tanks Bitcoin, PMI offers a roadmap of what comes next<a href=\"https:\/\/cointelegraph.com\/news\/meanwhile-raises-40-million-bitcoin-life-insurance?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsCrypto startup Meanwhile has raised $40 million to scale its Bitcoin-denominated life insurance business, targeting so-called \u201cinflation-prone economies\u201d where policyholders may seek alternatives to traditional fiat-based payouts. The&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126905"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126905"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126905\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126905"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}