Invesco to Acquire Superstate's USTB Tokenized Money Market Fund
Invesco is set to take over Superstate's USTB tokenized money market fund as part of a TradFi rebranding initiative.
Acquiring Entity
Invesco
Asset
USTB
Asset Type
Tokenized Money Market Fund
Previous Manager
Superstate
Invesco will assume control of the USTB tokenized money market fund previously managed by Superstate. This transition marks a strategic rebranding effort within the traditional finance sector. The move highlights the integration of tokenized assets under established financial institutions.
Original summary by the Tokensoft Newsroom based on the cited source; read the source for full details. Not investment advice.