Framework Ventures: The investment in Bitcoin insurance company Meanwhile is Framework's largest equity investment ever

Blockbeats

04-14

BlockBeats News, April 14th, Framework Ventures co-founder Michael Anderson revealed that their investment in the crypto insurance company Meanwhile is Framework Ventures' largest equity investment to date.

Meanwhile is reportedly a Bitcoin life insurance company, with a valuation of $1.9 billion after Series A funding, and currently has only 10 employees.

Meanwhile CEO Zachary Townsend stated that all of the company's technology is internally developed. In the future, they may establish an onshore life insurance company to collaborate with their offshore entity and offer Bitcoin products to the American public. The recent $40 million funding will be used for global expansion, including the development of its product offerings and the expansion of its target customer base.

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