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Sam Altman-backed bitcoin insurer Meanwhile raises $37.5 million

Original: Sam Altman-backed bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Crypto-led round

Meanwhile, a bitcoin-denominated insurer backed by Sam Altman, has raised $37.5 million in a funding round led by Bain Capital Crypto. The raise strengthens the company's position in the emerging market for insurance products built on bitcoin, and signals continued investor interest in crypto-native financial services despite a subdued broader market.

Why now: Fresh funding for a high-profile, Sam Altman-backed crypto insurance startup is drawing attention amid renewed interest in bitcoin-linked financial products

MeanwhileSam AltmanBain Capital CryptoCoinDesk

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• Sam Altman-backed bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Crypto-led round · CoinDesk

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