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Meanwhile Group, the parent company of the first and only life insurance company entirely denominated in a digital asset, has unveiled its first-of-its-kind bitcoin private credit fund, Meanwhile BTC Private Credit Fund LP. The fund aims to provide institutional investors with exposure to BTC’s growth while offering a conservative BTC-denominated yield.
Meanwhile Group’s $20 million seed funding was led by CEO of ChatGPT Sam Altman, Lachy Groom, and Gradient Ventures (Google).
The fund targets a conservative BTC-denominated yield of 5% during its closed fund’s term.
Meanwhile Advisors carefully selects creditworthy institutional counterparties to ensure the safety and…
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