Bitcoin-Denominated Insurance: A New Approach to Intergenerational Savings and Yield Earning
In an exclusive interview with TheStreet Roundtable, Zac Townsend, CEO of Meanwhile, shared how his company is revolutionizing the way Bitcoin holders can lock in intergenerational savings while earning yield through private credit.
Meanwhile operates as a traditional whole life insurance company, regulated, licensed, and backed by actuarial reserves, but everything is denominated in Bitcoin. Policyholders pay premiums in Bitcoin and receive claims in Bitcoin, with all financials, reserves, and regulatory filings handled on-chain.
The minimum policy requires one Bitcoin paid over ten years, with the maximum base payout capped at 50 Bitcoin. Meanwhile entrusts custody to Anchorage Digital, employing multi-party key management to ensure no single person can move funds.
To deliver a guaranteed Bitcoin-denominated benefit, Meanwhile runs a private credit portfolio. By trading duration for credit protection, the company aims to transform premiums into reliable, fixed-payout yield without exposing policyholders to dollar volatility.
After raising $60 million over its first two years, Meanwhile secured a $40 million Series A to fund international expansion and product development. The next offerings include a deferred Bitcoin annuity—a tax-advantaged savings vehicle—and corporate debt instruments settled in Bitcoin. Regulatory dialogues in key markets such as Canada, the U.K., and Singapore are already underway.
If you own Bitcoin, love your kids, and hate taxes, you’ll want to read this. Meanwhile’s model combines legacy planning with Bitcoin-denominated yield, offering a unique solution for crypto investors looking to manage both wealth preservation and yield under one roof.
This story was originally reported by TheStreet on Jun 17, 2025, where it first appeared.
