Meanwhile, a bitcoin life insurance company, recently raised $40 million, co-led by Framework Ventures and Fulgur Ventures. This round marks the largest equity investment ever made by Framework Ventures, according to co-founder Michael Anderson. Following the funding, Meanwhile is now valued at $190 million, despite having just 10 employees. CEO Zachary Townsend noted that they have developed all their technology in-house. The company is currently licensed in Bermuda, allowing them to offer services in the US, UK, and Canada, with plans for a future US-based subsidiary that would create an onshore life insurance company. However, the regulatory environment across different US states poses challenges, especially due to the firm’s Bitcoin-centric approach to insurance.

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