Invesco to Manage Superstate’s USTB Fund
- Invesco, managing over $2.2 trillion in assets, will oversee the USTB tokenized fund.
- USTB targets short-term U.S. Treasury Bills and has grown to approximately $967 million since early 2024.
- The transition to Invesco’s management will complete by Q2 2026, with the fund being renamed but retaining its ticker and blockchain details.
- Superstate raised $82.5 million in a Series B round, exceeding $100 million in total capital raised.
- The tokenized real-world assets market has surpassed $26 billion, with U.S. Treasuries comprising around $12 billion.
Invesco’s management of the USTB fund signals growth in the tokenized asset space, with the market for such assets projected to reach up to $30 billion by 2026.
Source (3.2)https://cryptobriefing.com/invesco-tokenized-fund-leadership/?rand=59535