BlackRock partners with Delaware Life Insurance Company to include Bitcoin in its fixed-index annuity products.

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.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together