Invesco to Manage Superstates Tokenized USTB Fund

Invesco, a global asset manager overseeing 2.2 trillion in assets under management, announced on Tuesday that it will assume portfolio management of Superstate's tokenized U.S. Treasuries fund, USTB, marking a significant step in bridging traditional finance with blockchain technology. The transition, set to close in the second quarter of 2026, positions Invesco as the first major traditional asset manager to leverage Superstate's digital transfer agent infrastructure for on-chain operations.

Under the agreement, Invesco's Global Liquidity team, which currently manages more than 200 billion in money market and short-duration assets, will handle day-to-day investment decisions for USTB. The fund invests in short-term U.S. Treasury bills, providing stable income and liquidity tied to rates near the federal funds rate. Superstate will retain responsibility for the fund's blockchain-based elements, including settlement, token issuance, and digital transfer services. Following the handover, the fund will be renamed the Invesco Short Duration US Government Securities Fund but will keep its USTB ticker, smart contracts, and token address to ensure continuity for investors.