Invesco Enters Blockchain-Based Finance Market with Tokenized Treasury Fund Acquisition

In a significant move, asset manager Invesco has taken over management of Superstate's tokenized U.S. Treasury fund, which boasts $900 million in assets under management.

This development marks Invesco's entry into the rapidly growing blockchain-based finance market and its bid to offer tokenized securities to investors.

The renamed 'Invesco Short Duration U.S. Government Securities Fund' will retain its current ticker symbol, USTB, but its structure and strategy will remain unchanged under Superstate's technology platform.