Asset management giant Invesco files for tokenized fund targeting stablecoin reserve market

60-second summary

Invesco, a $2.5 trillion asset manager, files for a tokenized fund targeting the stablecoin reserve market, deepening its blockchain push. This move follows its takeover of Superstate's tokenized money market fund as fund manager earlier this year, indicating a growing interest in digital assets. The fund aims to capitalize on the stablecoin market's growing demand.