Meanwhile, a blockchain-based insurance startup, has raised $40 million. It specializes in processing life insurance policies using Bitcoin for both collection and payouts. This unique approach taps into the increasing demand for crypto-related financial services.
Crypto startup Meanwhile has successfully raised $40 million in funding. The company’s unique business model allows it to both collect premiums and pay out life insurance claims in Bitcoin. This innovation positions Meanwhile at the intersection of cryptocurrencies and traditional insurance, appealing to a growing market of crypto users seeking financial protection in digital assets. The investment underscores investor confidence in the potential of blockchain technology within the insurance sector.
