Delaware Life and BlackRock Innovate with Bitcoin in Annuities

Delaware Life Insurance Company has collaborated with BlackRock to enhance its fixed-index annuity offerings by integrating Bitcoin, marking an innovative step in the insurance industry. This groundbreaking initiative incorporates BlackRock's "US Equity-Bitcoin Balanced Risk 12% Index" into three distinct products: Momentum Growth, Momentum Growth Plus, and DualTrack Income. These products aim to balance risk by dynamically adjusting their cash allocations and pairing U.S. equities with Bitcoin exposure via BlackRock's Bitcoin Spot ETF, named IBIT.

The investment strategy focuses on capping volatility at 12%, making this a pioneering move for regulatory compliance within the insurance sector as it explores cryptocurrency's role in financial products. The introduction of Bitcoin exposure in fixed-index annuities represents a shift in investment strategies for carriers and asset management providers, highlighting the evolving nature of regulatory and market risk management. The original report was published by Cryptobriefing and documented by PANews on January 21. While this development is noteworthy, the provided information is intended for informational purposes and should not be taken as investment advice.