Jun 25
Asset Management Giant Invesco Files for Tokenized Fund Targeting Stablecoin Reserve Market
➤ Asset management giant Invesco has filed with the SEC to launch a tokenized fund focused on stablecoin reserves, investing in cash and short-term U.S. Treasuries. ➤ This move signifies a growing trend among traditional asset managers to capture the expanding market for managing stablecoin reserves, projected to reach $4 trillion by 2030. ➤ The fund will leverage Superstate's tokenization technology for a blockchain-integrated shareholder registry, building on Invesco's broader strategy in tokenized assets.
