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Invesco has submitted a registration application to the SEC for the Invesco Stablecoin Reserves Onchain Fund, planning to launch a tokenized fund targeting the stablecoin reserve market. The fund will invest in cash and U.S. short-term Treasury bonds to meet the requirements of the GENIUS Act for payment stablecoin reserves. According to the filing, Superstate will act as sub-transfer agent, responsible for maintaining the on-chain shareholder registry. The fund will operate on a public blockchain, though the specific network has not yet been disclosed. Previously, Invesco took over management of Superstate's approximately $900 million tokenized U.S. Treasury fund. (CoinDesk)