BUSINESSTHE BLOCK
Trillion-dollar asset manager Invesco looks to plant a flag in tokenized stablecoin reserve sector
Invesco, a trillion-dollar asset manager, is entering the tokenized stablecoin reserve sector. The fund will focus on investments in U.S. Treasuries, repo agreements, and cash equivalents to maintain a stable $1 net asset value.
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Related Signal
Adjacent reporting
- Morgan Stanley is positioning itself as the reserve manager for the stablecoin industry
- Coinbase's asset manager to offer stablecoin credit fund with tokenized share class
- Coinbase investing into stablecoin reserves ETF issued by ProShares
- Morgan Stanley launches stablecoin reserves fund aligned with GENIUS Act requirements
- Coinbase invests in ProShares ETF tailored for stablecoin reserve assets