Invesco joins tokenization race as it takes over Superstate’s $900 million onchain fund

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Invesco joins tokenization race as it takes over Superstate’s $900 million onchain fund The $2.2 trillion asset manager is stepping into the rapidly-growing tokenized Treasury market, joining global financial behemoths like BlackRock and Franklin Templeton. By Krisztian Sandor | Edited by Omkar Godbole Mar 24, 2026, 11:30 a.m. Make us preferred on Google (Jeff Schear/Getty Images for NYCWFF) What to know : Invesco, a $2.2 trillion asset manager, is entering the fast-growing tokenized fund market, taking over management of Superstate’s $900 million tokenized U.S. Treasury fund USTB. The fund will be renamed the Invesco Short Duration US Government Securities Fund in the second quarter of 2026, while its token structure and Superstate's plumbing. The $12 billion tokenized U.S. Treasury market is gaining traction for offering near-instant settlements and around-the-clock trading, attracting global asset managers such as BlackRock and Franklin Templeton. Invesco, a U.S.-based asset manager overseeing $2.2 trillion in assets, will take over management of Superstate’s tokenized U.S. Treasury fund in a move that brings a large traditional asset manager deeper into blockchain-based finance. The USTB fund holds short-term U.S. government securities and represents more than $900 million in assets. It ranks among the largest tokenized Treasury funds, a fast-growing corner of the market bringing money market funds onto blockchain rails. After the transition, expected in the second quarter of 2026, the fund will be renamed to Invesco Short Duration US Government Securities Fund while keeping its ticker and token setup. The move marks Invesco's formal entrance in the fast-growing, $12 billion tokenized U.S. Treasuries market, joining rival global asset managers such as BlackRock (BLK), Franklin Templeton and Fidelity Investments. Unlike traditional financial infrastructure, blockchain-based tokens allow near-instant settlement, transparent reserves and round-the-clock access. BlackRock CEO Larry Fink has said in its annual letter that tokenization could make investing faster, cheaper and more accessible by recording ownership on digital ledgers. "Invesco has been strategically building the capabilities required to support institutional-grade digital asset products," said Kathleen Wrynn, Invesco's global head of digital Assets. "Superstate’s onchain infrastructure pairs naturally to support Invesco’s ambitions to scale tokenized offerings over time." The USTB tokenized fund will keep its structure and strategy under Invesco's banner, while Superstate will continue to run the fund’s technology layer. That includes issuing fund shares as tokens, settling transactions onchain and maintaining a digital transfer agent system. Invesco will handle day-to-day investment decisions through its global liquidity team, which manages over $200 billion in short-term assets. Read more: BlackRock is betting billions that tokenized funds will do for Wall Street what the internet did to mail Tokenization More For You Crypto-friendly fintech Revolut sees profit soar 57% to $2.3 billion in 2025 By Francisco Rodrigues | Edited by Omkar Godbole 28 minutes ago The company's customer base grew to 68.3 million, with total balances up 66% to $67.5 billion and transaction volume reaching $1.7 trillion. What to know : Revolut reported record earnings for 2025, with profit before tax rising 57% to $2.3 billion and revenue climbing 46% to $6 billion. The company's customer base grew to 68.3 million, with total balances up 66% to $67.5 billion and transaction volume reaching $1.7 trillion. Revolut plans to invest $13 billion over five years and aims to reach 100 million customers by 2027, with a focus on regulatory progress and expansion. Read full story Latest Crypto News The $75,000 line in the sand: What it’ll take for bitcoin to go "full bull" 16 minutes ago Crypto-friendly fintech Revolut sees profit soar 57% to $2.3 billion in 2025 28 minutes ago Bitcoin leads crypto rebound to $71,000 as $550 million in shorts liquidated 58 minutes ago Fund services giant Apex to tokenize Bitcoin mining note on Coinbase’s Base platform 1 hour ago Here’s how Treasuries could shape Trump’s Iran war and bitcoin moves 3 hours ago Balancer Labs will shut down as corporate entity became 'a liability' after $110 million exploit 5 hours ago Top Stories Bitcoin's mining concentration just showed up in a rare 2-block reorg 6 hours ago Bitcoin, ether, solana prices move higher as Gulf allies inch toward joining Iran war 6 hours ago Stablecoin yield in crypto Clarity Act won't allow rewards on balances, latest text says 12 hours ago BlackRock is betting billions that tokenized funds will do for Wall Street what the internet did to mail 19 hours ago Solana Foundation targets institutions with new privacy framework 15 hours ago