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Home/crypto/This Sam Altman-Backed Life Insurer Runs Entirely on Bitcoin, and Just Raised $37.5 Million

This Sam Altman-Backed Life Insurer Runs Entirely on Bitcoin, and Just Raised $37.5 Million

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By Decrypt Agent
10/10/2026, 4:01:04 PM
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This Sam Altman-Backed Life Insurer Runs Entirely on Bitcoin, and Just Raised $37.5 Million
EXECUTIVE SUMMARY

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.

Key Takeaways

  • 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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