Meanwhile
- Company typePrivate
- Founded2022
- HeadquartersHamilton, Bermuda
- Headcount11–50
- GTM typeB2C
- OfferingServices
Meanwhile firmographics
Firmographics- Name
- Meanwhile
- Legal name
- Meanwhile Incorporated
- Website
- https://meanwhile.bm
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Meanwhile industry classification
Industry- Product category
- Bitcoin-denominated life insurance
- NAICS
- Direct Life Insurance Carriers (524113)
- SIC
- Life Insurance (6311)
- akta.pro primary industry
- Whole Life Insurance (FSAIABAA)
- akta.pro secondary industries
- Guaranteed Issue Whole Life Insurance (FSAIABAG), Whole Life / UL Policy Riders & Add-ons (e.g., Waiver of Premium, Accidental Death, Child Term, LTC/Chronic Illness) (FSAIABAK)
Keywords
Where Meanwhile is headquartered
LocationHeadquarters
- HQ city
- Hamilton
- HQ country
- Bermuda
Offices2 records
Markets served
Meanwhile business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Life Insurance Premiums: Meanwhile collects Bitcoin premiums from policyholders for whole life insurance coverage. Premiums are invested by lending Bitcoin to regulated institutions, generating yield. The company earns spread between policyholder yield and institutional lending rates.
- Bitcoin Lending Income: Company invests premiums by lending Bitcoin to large, regulated financial institutions. CEO Zac Townsend stated the firm is 'one of the largest lenders of Bitcoin in the world at duration.' Interest rates on collateral loans range from 2.89% to 3.26% for 12-month terms.
- Policy Loans: Revenue from policy loans taken by policyholders against their policy value. Borrowing isn't treated as taxable event in many jurisdictions, providing additional revenue stream.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | BTC Whole Life Insurance - premium amounts vary by individual |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Meanwhile product offering
Product offeringCore offering
Meanwhile is a Bermuda-licensed life insurance carrier that issues whole life insurance policies denominated entirely in Bitcoin. Policyholders pay premiums in BTC, accumulate guaranteed BTC-denominated cash value, can borrow tax-free against up to 90% of surrender value, and receive a fixed BTC death benefit paid directly to beneficiaries without requiring wallet management. The company also offers Bitcoin annuities and Bitcoin savings products as part of its long-term financial protection suite.
Product overview
Meanwhile is a Bitcoin-denominated life insurance company offering a unified portfolio of financial protection and savings products. The core offering is Bitcoin Whole Life Insurance, which serves as both a life insurance policy and a savings vehicle entirely denominated in Bitcoin. The company also offers Bitcoin annuities and savings products as part of its product suite. All products are regulated by the Bermuda Monetary Authority and denominated entirely in Bitcoin, with premiums, investments, reserves, and benefits all calculated and paid in BTC.
Differentiator
Problem solved
Functional benefit
Brands
- BTC Whole Life: The company's flagship Bitcoin-denominated whole life insurance product that provides guaranteed death benefits, builds savings value in Bitcoin, allows policy loans, and helps with legacy planning for Bitcoin wealth.
Products and services
- BTC Whole Life Insurance Bitcoin-denominated whole life insurance product that accepts premiums and pays death benefits entirely in Bitcoin. Policy provides a guaranteed death benefit active from day one of the first premium, builds savings value in BTC at a locked-in guaranteed growth rate, allows tax-free policy loans against up to 90% of surrender value with no fixed repayment schedule and no margin call risk, and pays BTC directly to beneficiaries via white-glove service without seed phrase or wallet management. Designed for long-term Bitcoin holders seeking inflation-proof wealth preservation and inheritance planning.
- Bitcoin Annuities Long-term savings products denominated in Bitcoin that provide income payments, designed for retirement planning and inflation protection. Allocated under Bermuda insurance regulation.
- Bitcoin Savings Products Savings products that allow policyholders to accumulate wealth in Bitcoin with guaranteed growth rates, offering tax-advantaged savings for long-term financial goals under Bermuda insurance regulation.
- Institutional BTC Insurance Partnership Program B2B partnership program enabling banks, corporations, and financial advisors to offer Bitcoin-denominated life insurance and savings products to their clients, including executive benefit programs for employees compensated in Bitcoin and corporate risk management solutions.
Quantifiable outcome
- Assets grew 5.4x in 2025; Capital and surplus grew 6.2x
- +2 more outcomes
Companies that use Meanwhile
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Meanwhile technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature4 records
Meanwhile partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Anchorage DigitalcoreOCC-regulated digital asset custodian. One of two custodians holding 100% of policyholder-backing BTC. Custodians segregate policyholder coins so even custodian's creditors cannot reach them.
- CoinbasecoreOCC-regulated cryptocurrency exchange and custodian. One of two custodians holding policyholder BTC. Provides institutional-grade custody infrastructure.
Scale indicators10 records
Recent moves8 records
Expansion highlights6 records
Meanwhile competitors and assessment
Company assessmentEmerging players
- Evertas: Evertas is a specialty insurer focused on cryptocurrency and digital asset coverage, including custody and exchange insurance. It is comparable to Meanwhile as a specialist crypto-insurance carrier serving the digital-asset ecosystem, though it focuses on P&C / custody insurance rather than life insurance.
- Nexus Mutual: Nexus Mutual is a decentralized insurance protocol providing cover for crypto assets and DeFi protocols. Comparable to Meanwhile as a crypto-native insurance innovator operating outside the traditional insurance stack, though it uses a mutual/DeFi structure rather than a licensed life carrier model.
- Coincover: Coincover provides crypto insurance and wallet protection services to exchanges, custodians, and individual holders. Comparable as a crypto-asset protection specialist serving the same digital-asset customer base, though it focuses on theft/loss protection rather than life and legacy insurance.
- Swan Bitcoin: Swan Bitcoin is a Bitcoin-focused financial services platform offering IRA, custody, and wealth-management products to BTC holders. Comparable as a Bitcoin-native financial services company targeting HNW BTC holders with adjacent wealth-management and estate-planning use cases.
- Unchained (Bitcoin financial services): Unchained offers Bitcoin-native financial services including multi-signature custody, IRAs, and lending targeted at long-term BTC holders. Comparable as a Bitcoin financial-services platform serving the same customer persona (HNW BTC holders focused on long-term wealth preservation) with adjacent products.
- River Financial: River Financial is a Bitcoin-focused financial services firm offering trading, custody, and wealth-management products to BTC holders. Comparable as a Bitcoin-native wealth platform serving the same HNW BTC-holder persona that Meanwhile targets for its whole-life policies.
Broad incumbents
- Northwestern Mutual: Northwestern Mutual is one of the largest US life insurers and the parent of an investor (Northwestern Mutual Future Ventures) in Meanwhile's October 2025 round. Comparable as a large whole-life insurance incumbent with a multi-decade product; Meanwhile represents its bet on the BTC-denominated life insurance category.
- MassMutual: MassMutual is a major US mutual life insurer that publicly purchased $100M of Bitcoin for its general investment account. Comparable as a large life-insurance incumbent moving into BTC as an asset class; signals the same thesis that Meanwhile is built on, but at incumbent scale.
- Lloyds of London (crypto syndicates): Lloyd's of London syndicates have begun underwriting digital-asset and crypto-related risks. Comparable as an established insurance marketplace beginning to write crypto-related cover; represents the most likely incumbent route into BTC-denominated life insurance if Meanwhile's category proves viable.
- New York Life: New York Life is one of the largest mutual life insurers in the US, with a strong whole-life franchise. Comparable as a top-tier whole-life incumbent whose product model Meanwhile is replicating in BTC denomination; represents a potential acquirer or large-scale competitor if the BTC-denominated category matures.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Meanwhile social profiles
Digital presenceMeanwhile compliance and trust
Trust signalCompliance2 records
Meanwhile financial estimates
Financial estimateRevenue estimate
Valuation estimate
Meanwhile leadership team
Management profileNumber of profiles
Profiles9 records
Meanwhile subsidiaries and ownership
Company hierarchySubsidiaries7 records
Meanwhile funding detail
Funding detailFunding overview
Funding rounds4 records
Investors15 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Meanwhile M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Meanwhile
What does Meanwhile do?
Meanwhile is a Bermuda-licensed life insurance carrier that issues whole life insurance policies denominated entirely in Bitcoin. Policyholders pay premiums in BTC, accumulate guaranteed BTC-denominated cash value, can borrow tax-free against up to 90% of surrender value, and receive a fixed BTC death benefit paid directly to beneficiaries without requiring wallet management. The company also offers Bitcoin annuities and Bitcoin savings products as part of its long-term financial protection suite.
Is Meanwhile a public or private company?
Meanwhile is a private company. It is classified as venture growth investor backed and is currently operating.
When was Meanwhile founded?
Meanwhile was founded in 2022. It employs 11 to 50 people.
Where is Meanwhile based?
Meanwhile is headquartered in Hamilton, Bermuda.
How does Meanwhile make money?
Three revenue lines are on record. Life Insurance Premiums are the primary driver. The others are bitcoin Lending Income and policy Loans.
Who are Meanwhile's main competitors?
Emerging players on record are Evertas, Nexus Mutual, Coincover, Swan Bitcoin, Unchained (Bitcoin financial services) and River Financial. Broad incumbents are Northwestern Mutual, MassMutual, Lloyds of London (crypto syndicates) and New York Life.
Does Meanwhile have an API?
No public API is recorded for Meanwhile.
What industry is Meanwhile in?
Meanwhile's product category is Bitcoin-denominated life insurance. Its primary akta.pro industry code is FSAIABAA, Whole Life Insurance, with a secondary code of FSAIABAG, Guaranteed Issue Whole Life Insurance. Its NAICS code is 524113 and its SIC code is 6311.