PANews, June 26 news, according to The Block, Invesco, with $2.45 trillion in assets under management, has submitted an application to the SEC to launch a new money market fund focused on stablecoin reserves, the Invesco Stablecoin Reserves Onchain Fund. The fund will primarily invest in U.S. Treasury bonds, repurchase agreements, and cash equivalents to maintain a $1 net asset value, and will tokenize fund shares on designated public blockchains through blockchain infrastructure company Superstate acting as a sub-transfer agent. The product is designed for stablecoin issuers' reserve management needs, allowing them to earn yields while holding compliant reserves and maintaining daily liquidity.