Invesco, one of the world's largest asset managers with $2.2 trillion in assets under management, will become the investment manager of Superstate's flagship tokenized U.S. Treasuries fund USTB, the two firms announced Tuesday, March 24.
Under the arrangement, Invesco's Global Liquidity team — which manages over $200 billion in money market and short-duration assets — will take over day-to-day portfolio management of USTB, while Superstate continues to run the fund's on-chain infrastructure, including blockchain-based settlement and digital transfer agency services.
Invesco will be the first asset manager to use Superstate's digital transfer agent rails, per the release. The transition is expected to close in Q2 2026, after which the fund will be renamed the Invesco Short Duration US Government Securities Fund while keeping the USTB ticker, smart contracts, and token address.
To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
