Zac Townsend | Source | Co-Founder & CEO at Meanwhile
Zac Townsend
Zac Townsend is a leader and innovator at the intersection of tech, finance, and policy. Zac is CEO and Co-Founder of Meanwhile, the first life insurance provider denominated and operating entirely in a digital asset, BTC.
Zac was the Head of Product and Co-Founder of Standard Treasury, which participated in the summer 2013 batch of Y Combinator. As the head of product there, he conceived and built one of the earliest “banking-as-a-service” companies and ultimately sold it to a top-20 bank.
Zac has also served in a range of senior government tech-policy roles including his time as a Senior Technology Advisor to Newark, NJ Mayor Cory Booker and CTO for the City of Newark. Additionally, he served as the inaugural Chief Data Officer for the State of California. Most recently, Zac was an Associate Partner and a leader in the financial services practice at McKinsey & Company where he focused on interim product and business unit leadership roles at banks and insurance companies.
After getting his undergraduate degree in Applied Mathematics and Public Policy from Brown University, Zac earned his Master of Public Administration (MPA) from NYU’s Wagner School of Public Service, where he focused on public financial and statistical methods.
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Meanwhile
Co-Founder & CEO
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Meanwhile CEO on Future of Bitcoin Life Insurance
Bitcoin life insurance company Meanwhile said it raised $19 million to develop an artificial-intelligence (AI) aided bitcoin (BTC)-denominated policy as it eyes an economy developing around the largest cryptocurrency by market cap. Meanwhile co-founder and CEO Zachary Townsend joins "First Mover" to discuss the funding rounds and whylong-term holders of BTC should invest in bitcoin-denominated life insurance.
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Bitcoin pops above $30K as WisdomTree and Invesco join the bitcoin ETF rush: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Zac Townsend of Meanwhile, a life insurer that operates solely in cryptocurrency, weighs in on financial institutions moving forward with crypto projects despite the SEC’s recent crackdown on exchanges. Chapters: 00:00 - CNBC Crypto World, June 21, 2023 0:26 - Bitcoin pops 0:52 - The headlines 3:45- Zac Townsend of Meanwhile For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the...
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“Meanwhile is a fully regulated and licensed life insurance company based in Bermuda, the insurance capital of the world. It's a very legitimate place to have an insurance company, and what's unique about our company is that it's entirely denominated in Bitcoin. I think we're one of the few, if not the only company in the world, that actually operates entirely on the Bitcoin standard.” - Zac for Kitco News: https://www.kitco.com/news/article/2024-02-16/beyond-boring-chain-zac-townsend-bitcoin-innovation-insurance-and-future
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"Bitcoin has this culture of HODLing (a crypto meme for holding through price swings) and has this culture of long-term store of value, and that's really what life insurance is about," - Zac Townsend for Axios: https://www.axios.com/2023/11/08/bitcoin-life-insurance-meanwhile