Invesco, which manages more than $2.5 trillion in assets, filed with the U.S. Securities and Exchange Commission on June 25, 2026 to launch the Invesco Stablecoin Reserves Onchain Fund. The fund will be tokenized, invest in cash and short‑term U.S. Treasury securities, and operate on a public blockchain. Superstate will serve as sub‑transfer agent and maintain a blockchain‑integrated shareholder registry that issues on‑chain ownership tokens. The filing aligns with reserve requirements set out in the GENIUS Act. Invesco declined to comment on the filing. The move follows Invesco’s earlier acquisition of management of Superstate’s roughly $900 million tokenized Treasury fund, and it joins BlackRock, State Street and ProShares, which have also filed similar stablecoin reserve funds. Citi projects the stablecoin market could grow to $4 trillion by 2030, up from about $300 billion today.