According to The Block, Meanwhile, a crypto insurance provider, has closed an $82 million funding round led by Haun Ventures and Bain Capital Crypto, with participation from Pantera Capital, Apollo, Northwestern Mutual Future Ventures and Stillmark to support global expansion and product scaling.
This financing follows a $40 million Series A in April led by Framework Ventures and Fulgur Ventures, bringing total capital raised to approximately $143 million; proceeds are earmarked primarily to purchase Bitcoin and bolster the firm’s balance sheet, using a non‑traditional convertible instrument that may convert into equity or Bitcoin contingent on future performance.