Invesco Acquires Superstate's $900 Million On-Chain Fund, Enters Tokenized Treasury Market

According to CoinDesk, Invesco is a U.S.-headquartered asset management company with $2.2 trillion in assets under management. The company will take over Superstate's tokenized U.S. Treasury fund, marking a significant move by major traditional asset managers further into blockchain finance.

The USTB fund holds short-term U.S. Treasury assets with a scale exceeding $900 million, making it one of the largest tokenized U.S. Treasury funds. This niche market is growing rapidly, dedicated to bringing money market funds onto the blockchain track. According to plan, the transition is expected to be completed in Q2 2026, at which time the fund will be renamed Invesco Short Duration US Government Securities Fund, while retaining its original code and token structure. This move also marks Invesco's formal entry into the approximately $12 billion tokenized U.S. Treasury market, competing with global asset management giants such as BlackRock, Franklin Templeton, and Fidelity.