They Just Bet $40M That Crypto Will Outlast Us All 🤯

Meanwhile (yes, that’s actually its name—like it’s been waiting in the wings for a big dramatic entrance) is a life insurance startup that’s decided plain old dollars are so last century. Instead, they cradle your life policy in Bitcoin, because who wouldn’t trust a baby (or a retirement fund) to a currency that sometimes skyrockets like Elon Musk’s ego? 🤑

They’ve somehow charmed Framework Ventures and Fulgur Ventures into tossing in $40 million—you know, pocket change—so now Meanwhile is valued at a casual $190 million. And because that apparently wasn’t enough star power, they also roped in Wences Casares of Xapo fame.

Zac Townsend, Meanwhile’s CEO and ringmaster, explained to Fortune that the big plans for this hefty pile of money include world domination—sorry, “global expansion”—and making sure they follow every single pesky international rule. Also, in case you’re worried about the pesky decline of the dollar, Townsend is basically saying: “No worries, we’ll store your life’s savings in digital coin so rebellious it could star in a spy movie.” Every day we stray further from normal banking, and—if we’re honest—we kind of love it. 🥳

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2025-04-12 11:27