Invesco acquires $900 million on-chain fund from Superstate, entering the tokenized government bond market.

PANews reported on March 24th that, according to CoinDesk, Invesco , with $2.2 trillion in assets under management, will take over Superstate's approximately $900 million tokenized US Treasury bond fund, USTB, officially entering the tokenized fund market. The fund holds short-duration US Treasury bonds and will be renamed "Invesco Short Duration US Government Securities Fund," maintaining the USTB code and token structure. The transition is expected to be completed in the second quarter of 2026. Superstate will continue to handle the trading technology and on-chain infrastructure, including tokenized share issuance, on-chain settlement, and digital registration systems, while Invesco's global liquidity team will handle day-to-day investment management. This product will allow Invesco to join traditional asset management firms such as BlackRock and Franklin Templeton, which participate in the approximately $12 billion tokenized US Treasury bond market.