Bitcoin life insurance provider Meaning has raised $82 million in a funding round co-led by Haun Ventures and Bain Capital Crypto, increasing its total funding to $143 million. The company plans to use the capital to purchase Bitcoin, enhance its balance sheet, and expand its operations globally. Currently offering Bitcoin-denominated life insurance policies in the U.S. and Canada, Meaning's assets under management have surged over 200% year-over-year to more than 660 Bitcoin.
CEO Zac Townsend revealed plans to explore market expansion into Hong Kong, Dubai, and Singapore by 2026. The funding will support these efforts as the company seeks to broaden its international footprint and capitalize on the growing demand for cryptocurrency-based financial products.
Bitcoin Life Insurer Meaning Secures $82M to Fuel Global Expansion
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