Invesco has assumed management of Superstate Inc.'s $900 million tokenized U.S. Treasury fund, marking a significant move in the institutional adoption of blockchain technology. This development was highlighted during CoinDesk's Public Keys event at the New York Stock Exchange, where industry leaders discussed the growing interest of Wall Street in cryptocurrency investments.
Additionally, Franklin Templeton is expanding its presence in the crypto space with the launch of Franklin Crypto, further underscoring the increasing institutional momentum in digital assets. These moves reflect a broader trend of traditional financial institutions deepening their engagement with blockchain and cryptocurrency markets.
Invesco Takes Over Management of $900M Tokenized Fund
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