Bermuda based digital asset-denominated life insurance provider raised $19m across two Seed rounds led by Sam Altman, Lachy Groom, and Gradient Ventures.
“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.”
https://www.theblock.co/post/233327/meanwhile-fundraise-sam-altman