Invesco files to launch tokenized stablecoin reserve fund with SEC

Invesco has filed a registration statement with the U.S. Securities and Exchange Commission to create a tokenized money‑market fund that will hold cash, cash equivalents, repurchase agreements and short‑term U.S. Treasury securities as reserves for stablecoins. The fund, named the Invesco Stablecoin Reserves On‑chain Fund, will maintain a $1 net asset value and will be tokenized on a public blockchain through a partnership with Superstate, which will act as sub‑transfer agent and manage the on‑chain shareholder registry.

The filing aligns the product with the GENIUS Act, the federal framework governing stablecoin reserve assets, and places Invesco alongside other major asset managers such as BlackRock, State Street and ProShares that have launched or filed similar stablecoin‑reserve vehicles. By offering a regulated, on‑chain reserve layer, Invesco aims to serve stablecoin issuers and institutional treasuries seeking compliant, liquid backing for dollar‑pegged tokens.