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Sam Altman-backed bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Crypto-led round

Meanwhile, a Bitcoin insurer backed by Sam Altman, has successfully closed a $37.5 million funding round led by Bain Capital Crypto. The company is actively expanding its market reach, having partnered with 15 brokers. These brokers cater specifically to high-net-worth individuals in prominent international financial centers such as Switzerland, Singapore, Hong Kong, and the UAE, signaling a strong focus on institutional and wealthy clients seeking insurance solutions for their Bitcoin holdings.

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