Sam Altman Co-Invests in Bitcoin Life Insurance Company as It Enters the Asian Market With a 350 Million Valuation
Meanwhile, a Bermuda-licensed bitcoin life insurance company, announced on October 8 that it had completed a $37.5 million funding round, reaching a post-money valuation of $350 million and bringing its cumulative funding total to more than $180 million. The round included follow-on investments from crypto and traditional financial institutions, including OpenAI CEO Sam Altman, and the funds will be used to expand its bitcoin-denominated life insurance business into Asian, European, and Middle E