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Asset management giant Invesco has applied to launch a tokenized fund targeting the stablecoin reserve market. This asset management company, with an asset under management scale of 2.5 trillion USD, further advances its blockchain strategy after taking over Superstate's tokenized money market fund and serving as the fund manager earlier this year.

According to ChainCatcher, citing Golden Ten Data, the US Dollar Index, which measures the dollar against six major currencies, fell by 0.18% on June 25, closing at 101.43 in the late session of the foreign exchange market. 1 euro exchanged for 1.1373 US dollars, higher than the previous trading day’s 1.1355 US dollars; 1 British pound exchanged for 1.3198 US dollars, higher than the previous trading day’s 1.3162 US dollars; 1 US dollar exchanged for 161.8 Japanese yen, higher than the previous trading day’s 161.76 Japanese yen; 1 US dollar exchanged for 0.8098 Swiss francs, lower than the previous trading day’s 0.8124 Swiss francs; 1 US dollar exchanged for 1.4197 Canadian dollars, lower than the previous trading day’s 1.4237 Canadian dollars; 1 US dollar exchanged for 9.7352 Swedish kronor, lower than the previous trading day’s 9.7714 Swedish kronor.

This transaction marks an important milestone in the company’s development, with the merged entity set to immediately initiate public trading on the NASDAQ stock market. This move aims to leverage the power of the public capital market to accelerate the company’s strategic deployment and technological innovation in the fields of digital assets and payment infrastructure.