PANews reported on January 21 that, according to Cryptobriefing, Delaware Life Insurance Company is partnering with asset management giant BlackRock to include Bitcoin in its fixed-index annuity products through BlackRock's "US Equity-Bitcoin Balanced Risk 12% Index".
Under the partnership, Delaware Life has added the BlackRock index to three of its annuity products: Momentum Growth, Momentum Growth Plus, and DualTrack Income. The index dynamically adjusts its cash position, combining U.S. stocks with Bitcoin (through BlackRock's Bitcoin Spot ETF, IBIT), aiming to maintain a volatility target of 12%. Delaware Life stated that this is the first time an insurance company has offered cryptocurrency exposure through a fixed-index annuity.
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