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BlackRock partners with Delaware Life to bring Bitcoin into fixed index annuities

Crypto Briefing
Delaware Life is partnering with BlackRock to integrate Bitcoin exposure into its fixed indexed annuities using BlackRock's U.S. Equity Bitcoin Balanced Risk 12% Index.

Summary

Delaware Life Insurance Company is collaborating with BlackRock to incorporate Bitcoin exposure into its fixed indexed annuities (FIAs) through the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index. This move aims to modernize retirement planning by blending cryptocurrency access with the principal protection offered by FIAs. Delaware Life has added this BlackRock index to three of its products, including Momentum Growth and DualTrack Income. The index dynamically allocates between U.S. stocks and Bitcoin, with the digital asset exposure delivered via BlackRock's iShares Bitcoin Trust (IBIT). Delaware Life views this as an innovation to meet evolving client needs, while BlackRock notes the launch addresses growing demand for IBIT and allows insurance clients to integrate measured digital asset exposure into diversified annuity strategies.

(Source:Crypto Briefing)