Delaware Life has announced a partnership with BlackRock to introduce a fixed indexed annuity that includes exposure to Bitcoin. This collaboration aims to integrate cryptocurrency into traditional retirement portfolios.
The new product will allow investors to gain exposure to Bitcoin's price movements while maintaining the benefits of a fixed indexed annuity. This move is part of a broader trend of incorporating digital assets into mainstream financial products.
Details about the specific structure of the annuity and the extent of Bitcoin exposure are still emerging. However, the partnership reflects a growing interest in digital currencies among traditional financial institutions.
This development is significant as it represents a step towards the mainstream adoption of cryptocurrencies in retirement planning, potentially attracting a new segment of investors to digital assets.
Key facts
- Delaware Life partners with BlackRock for a Bitcoin-linked annuity.
- The product offers exposure to Bitcoin within a fixed indexed annuity framework.
- This marks a move to integrate cryptocurrencies into retirement portfolios.
- Details on the annuity's structure and Bitcoin exposure are still emerging.
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