Overview
- The filing, submitted on June 24, 2026, seeks to add the Invesco Stablecoin Reserves Onchain Fund to Invesco’s Short-Term Investments Trust and says the new series could become effective in about 60 days.
- The fund is structured as a Rule 2a-7 government money market designed to keep a $1.00 net asset value so stablecoin issuers can use it to meet GENIUS Act reserve rules.
- Invesco named Superstate as sub-transfer agent to tokenize shares and maintain a blockchain-integrated shareholder registry, but the filing does not specify which public blockchain will host the tokens.
- Industry observers warn tokenization adds operational risks such as smart‑contract bugs, network outages, and transfer-agent integration problems and could concentrate short-term Treasury holdings in a few funds.
- The filing builds on Invesco’s March 2026 takeover of Superstate’s tokenized Treasury fund and joins a fast-growing field of competitors as banks and asset managers position to capture a market Citi projects could reach trillions by 2030.