Bitcoin-denominated life insurance provider Meanwhile completes $19 million funding, with investments from OpenAI CEO and others

ChainCatcher news, the life insurance provider Meanwhile, announced the completion of $19 million in funding across two rounds of seed financing. The first round was co-led by OpenAI CEO Sam Altman and former Stripe issuing head Lachy Groom, while the second round was led by Gradient Ventures.

Meanwhile stated that this funding enables it to obtain licensing and regulation from the Bermuda Monetary Authority, and to hire an initial team to launch its first product—lifetime life insurance priced in Bitcoin (BTC). (Source link)