Bitcoin Life Insurance Firm Meanwhile Raises $40M to Expand Globally

Quick Summary:

With the investment led by Fulgur Ventures and Framework, the firm plans to scale its bitcoin-denominated life insurance and annuity products designed to combat inflation risk.

The company secured a digital life insurer license in Bermuda last year.

However, policyholders also take on bitcoin’s price volatility.

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Article Details

Author / Journalist: Krisztian Sandor

Category: Crypto

Markets: United StatesBermudaCuba

Topics: Finance Framework Ventures Meanwhile Venture Capital Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-10 @ 20:47:11 (5 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 208 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 27778750

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