Sam Altman-backed bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Crypto-led round

Bitcoin-focused insurer Meanwhile raised $37.5 million in a funding round led by Bain Capital Crypto, with Sam Altman among its backers. The investment signals continued institutional interest in building insurance products around Bitcoin and digital assets. If Meanwhile can expand reliable coverage, it could help reduce a barrier to broader Bitcoin adoption, though the funding alone does not establish the product’s scale or viability.