Overview
- Invesco and Superstate announced Tuesday a deal that will move day-to-day management of the USTB tokenized Treasury fund to Invesco in the second quarter of 2026.
- After the transition, the fund will take the name Invesco Short Duration US Government Securities Fund and keep its USTB ticker, smart contracts, and token address.
- Superstate will keep the blockchain plumbing by issuing tokenized shares, settling trades onchain, and running a digital transfer agent that Invesco will use as the first asset manager on the system.
- Invesco’s Global Liquidity team, which oversees more than $200 billion in short-term assets, will manage a portfolio that holds roughly $900 million to $967 million and ranks among the largest tokenized Treasury funds.
- The move deepens Wall Street’s push into tokenized “real world assets,” a roughly $12 billion market that includes rivals like BlackRock and Franklin Templeton and promises near-instant settlement, 24/7 trading, and clearer asset records for institutional clients.