Invesco Advisers, Inc. will become investment manager of Superstate Short Duration US Government Securities Fund (USTB). USTB, Superstate’s tokenized short-duration U.S. Treasuries fund, will continue to be powered by Superstate’s tokenization technology. Through this collaboration, Invesco will become the first asset manager to utilize Superstate’s digital transfer agent infrastructure. With about $967 million in assets under management and among the top five largest tokenized U.S. treasuries funds globally, USTB brings together two complementary leaders: Invesco, one of the world’s largest asset managers with over $2.2 trillion in AUM, and Superstate, the leading fintech company bringing Wall Street’s capital markets onchain.
USTB will be managed by Invesco’s Global Liquidity team, which has over forty-five years of experience in managing money market and other short-term cash management products. Invesco’s Global Liquidity Team, led by Laurie Brignac, Chief Investment Officer and Head of Global Liquidity, will add USTB to the over $200 billion in assets it manages. Robert Leshner, Co-Founder & CEO of Superstate, comments, “Our collaboration with Invesco marks the first time an independent asset manager has leveraged Superstate’s tokenization infrastructure. This is the blueprint for how funds and ETFs will come onchain — and we couldn’t ask for a better partner to lead the way.” Invesco’s Global Head of Digital Assets Kathleen Wrynn adds, “Invesco has been strategically building the capabilities required to support institutional grade digital asset products since 2019, and this partnership reflects that long-term commitment. Superstate’s onchain infrastructure pairs naturally to support Invesco’s ambitions to scale tokenized offerings over time, and USTB already demonstrates how tokenization can enhance access and efficiency for short-duration government exposure.”
Launched in early 2024, USTB was Superstate’s first tokenized fund and among the earliest institutional-grade products focused on providing crypto-native institutional investors exposure to short-duration U.S. Treasury securities. Since inception, USTB has onboarded over 150 institutional investors and has processed billions of dollars in transactions. As Invesco expands USTB’s reach, Superstate remains focused on advancing the underlying technology and onchain platform to keep the fund at the forefront of the market. As the transition progresses toward completion in Q2 2026, USTB will be renamed Invesco Short Duration US Government Securities Fund, while maintaining the same ticker, smart contracts, and token address; Superstate will continue operating the fund’s on-chain infrastructure and expanding DeFi integrations to broaden ecosystem support.
Leave a Reply