PANews reported on April 10 that, according to Fortune magazine, cryptocurrency insurance company Meanwhile completed a $40 million Series A financing round led by Framework Ventures and Fulgur Ventures on Thursday, with Wences Casares, founder of cryptocurrency bank Xapo, also participating in the investment. This round of financing values Meanwhile at $190 million, almost double the valuation of the most recent round of financing in 2022. Meanwhile will use the funds raised from this round of financing for global expansion and ensure that its products meet regulatory requirements.

Meanwhile, a life insurance policy is similar to an ordinary life insurance policy. The insured needs to pay the monthly premium calculated by the actuary. However, unlike paying from a bank account or using a check, customers need to pay with Bitcoin from a cryptocurrency wallet. When the insured dies, his family will receive the claim amount in the form of Bitcoin.