TLDR:
- At the same time, $ 82 million collected in a round jointly by Haun Ventures and Bain Capital Crypto, along with Apollo and Pantera.
- The Bermuda-licensed insurer works fully in Bitcoin, handles premiums, claims and reserves in BTC.
- The company plans to expand bitcoin-denominated savings and insurance products through new institutional partnerships.
- CEO Zac Townsend said the funding will give to $ 122 million from 2025, which strengthens its market position.
In the meantime, Bitcoin Life insurers have secured $ 82 million in new financing as it is trying to expand its Bitcoin-Denominated insurance business. The company, licensed in Bermuda, aims to merge traditional insurance models with Digital access economy.
The round attracted both crypto-in-born funds and large institutions. It signals growing confidence in bitcoin as an economic basis. The announcement follows a year’s speed for crypto -based financial services.
According to a ReportThe $ 82 million increase was led by Haun Ventures and Bain Capital Crypto, with participation from Apollo, Pantera Capital and Stillmark. In the meantime, this financing gives total capital raised 2025 to $ 122 million.
CEO Zac Townsend said that the company’s vision is to make long-term financial protection available through Bitcoin-supported products. He noted that in the meantime acts as a carefully regulated insurer, meeting reserve and solvency standards that are comparable to global comrades.
Townsend explained that all policy values, premiums and claims are handled in Bitcoin. He added that the demand for BTC-based insurance and savings products continues to grow among individuals and institutions seeking inflation-resistant alternatives.
Bitcoin-denominated products and global expansion
Meanwhile, policies began in 2023 and invests policyholders’ premiums by borrowing bitcoin to large, regulated institutions. Townsend said that this strategy is in the meantime as one of the largest long-term Bitcoin lenders globally.
The company’s focus is on developing the infrastructure needed for other carriers, asset managers and advisors to integrate Bitcoin into traditional offers.
Townsend stated that funding will help expand these partnerships, which allows traditional institutions to offer Crypto-denominated financial products Without creating their own regulations.
He emphasized that the new capital strengthens the company’s ability to scale in a responsible way while following Bermuda’s financial standards.
Bridging bitcoin and traditional insurance
In the meantime, Townsend described model as a bridge between long -term insurance systems and the digital economy. The company aims to provide a stable channel for Bitcoin Capital Markets, which allows families and institutions to save and build wealth through regulated BTC-based products.
By combining insurance mechanisms with BTC’s decentralized structureMeanwhile, hope to introduce long -term savings and annuity products that retain value for decades.
Townsend said that the team continues to cooperate with established financial institutions to adapt operational standards and expand their market reach.
The new funding round emphasizes a broader change in institutional involvement with Bitcoin-based funding. As more companies investigate ways to integrate digital assets into regulated frameworks, the progress can, meanwhile, serve as a test case for the future of Bitcoin insurance.
