Golden Finance reports that, according to CoinDesk, Invesco is a US-based asset management company managing $2.2 trillion in assets. The company will take over Superstate’s tokenized US Treasury bond fund, marking further entry of large traditional asset managers into the blockchain finance space. The USTB fund holds short-term US Treasury assets worth over $900 million, making it one of the largest tokenized US Treasury bond funds.
This niche market is growing rapidly, aiming to bring money market funds onto the blockchain. The transition is expected to be completed by Q2 2026, at which point the fund will be renamed Invesco Short Duration US Government Securities Fund, while retaining its original code and token structure.
This move also signifies Invesco’s official entry into the approximately $12 billion tokenized US Treasury bond market, competing with global asset management giants like BlackRock, Franklin Templeton, and Fidelity.