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Sam Altman-backed bitcoin insurer Meanwhile raises $37.5 million

Original: sam altman

Meanwhile, a bitcoin-denominated insurance startup backed by Sam Altman, has raised $37.5 million in a funding round led by Bain Capital Crypto. The raise marks continued investor interest in crypto-based financial services despite market volatility, and adds to Altman's growing portfolio of ventures beyond OpenAI, spanning artificial intelligence, energy and now digital-asset insurance.

Why now: The funding round is fresh news tied to high-profile investor Sam Altman.

Sam AltmanMeanwhileBain Capital CryptoOpenAI

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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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• 𝕏xSE #32 · 9 d ago

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