Invesco Files Tokenized Stablecoin Reserve Fund: On-Chain Shares in a $4T Market Race
Summary
Invesco filed with the SEC to launch the Invesco Stablecoin Reserves Onchain Fund, a tokenized money market fund designed for stablecoin issuers. The fund will hold cash, short-term Treasuries, and repurchase agreements while issuing shares as blockchain tokens through Superstate. Its structure aims to satisfy GENIUS Act reserve requirements and provide 24/7 transferability, real-time settlement, and proof-of-reserves. The filing also highlights growing competition among asset managers to win stablecoin reserve management business.
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industries
Fintech & Banking
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Financial Technology
Blockchain
Investment Management Software
Linked Companies
Superstate
$10M to $25M