Invesco acquires a $900 million on-chain fund under Superstate, entering the tokenized government bond sector

According to CoinDesk, Invesco is an asset management company based in the United States with assets under management of $2.2 trillion. The company will take over the tokenized U.S. Treasury bond fund from Superstate, marking a further deepening of large traditional asset management institutions into the blockchain finance sector.

The USTB fund holds short-term U.S. Treasury assets, with a size exceeding $900 million, making it one of the largest tokenized U.S. Treasury bond funds. This niche market is rapidly growing, aiming to bring money market funds onto the blockchain. As planned, this transition is expected to be completed in the second quarter of 2026, at which point 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 tokenized U.S. Treasury market, which is approximately $12 billion in size, competing with global asset management giants such as BlackRock, Franklin Templeton, and Fidelity.