Invesco (IVZ), a $2.2 trillion asset manager, joins BlackRock and peers in tokenized fund push
Invesco will manage Superstate’s $900 million tokenized U.S. Treasury fund, expanding its presence in the growing digital asset market.Summary
Invesco, a $2.2 trillion asset manager, is entering the tokenized Treasury market by taking over management of Superstate’s $900 million onchain fund. This move positions Invesco alongside industry leaders like BlackRock and Franklin Templeton in a rapidly expanding sector. The fund, which holds short-term U.S. government securities, will be renamed Invesco Short Duration US Government Securities Fund but will retain its existing ticker and token setup. Blockchain-based tokens offer advantages such as near-instant settlement and transparent reserves. Kathleen Wrynn, Invesco's global head of digital Assets, stated the company has been building capabilities to support digital asset products, and Superstate’s infrastructure aligns with Invesco’s scaling ambitions. Superstate will continue to manage the fund’s technology layer, while Invesco will handle investment decisions.
(Source：CoinDesk)