This Sam Altman-Backed Life Insurer Runs Entirely on Bitcoin, and Just Raised $37.5 Million
The Bermuda-based insurer, which runs entirely on Bitcoin, drew the funding from existing backers led by Bain Capital Crypto after a record year driven by demand from wealthy families in Asia, Europe and the Middle East.
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- Sam Altman-Backed Bitcoin Insurer Raises $37.5 Million: Bermuda-based insurer XBTO-backed firm secured $37.5 million in funding led by Bain Capital Crypto to support its Bitcoin-native financial operations.
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