Bermuda based digital asset-denominated life insurance provider raised $19m across two Seed rounds led by Sam Altman, Lachy Groom, and Gradient Ventures.
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Meanwhile raises $19m in Seed funding
“As one of the few innovations in money in the last century, Bitcoin is on track to become a global store of value and functional currency. When you combine that with artificial intelligence, we see the potential to build a full-stack life insurance company with the aim to reach over a billion people globally. To start, it makes perfect sense for long-term holders of BTC to invest in life insurance denominated in that asset and to enable a percentage of their BTC holdings to become active.”
