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Synopsis
Fulgur Ventures and Framework Ventures led a $40m Series A round in Meanwhile, a Bitcoin-denominated life insurer, with participation from Wences Casares, the founder of Xapo. “Expanding globally is also an expansion of the products we offer and what those customers are interested in. Sometime this year, [we’re] going to launch something that looks like an annuity in Bitcoin. So that would be … you put Bitcoin into an account, there’s a yield or rate of return in many countries that return [of] the account’s tax advantages,” Zachary Townsend, Meanwhile CEO.
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