Meanwhile, a Bitcoin-denominated life insurance company backed by Sam Altman, has closed a $37 million funding round at a $350 million valuation. Bain Capital Crypto led the raise with participation from Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital, bringing the Bermuda-based insurer's total funding to over $180 million. The capital will support growing demand for Bitcoin life insurance across Asia, Europe, and the Middle East. Meanwhile operates as the first life insurer licensed to conduct business entirely in Bitcoin and has already partnered with 15 brokerage firms serving high-net-worth families in key markets including Singapore, Hong Kong, the UAE, and Switzerland.