Episode Details
Back to EpisodesInvesco Dives into Blockchain with $900M Treasury Fund
Description
Invesco, a major U.S. asset manager, is entering the blockchain finance sector by acquiring Superstates tokenized U.S. Treasury fund, USTB, valued at over $900 million. The fund will be renamed and managed by Invescos global liquidity team, while Superstate handles the tech aspects. This move positions Invesco in the $12 billion tokenized Treasuries market, offering quicker settlements, clear reserve tracking, and 24/7 access through digital ownership records.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/243d5fce1630ae2c