Invesco Short Duration US Government Securities Fund (USTB)
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 63 → 88. Problems weighed by who is responsible: concerns that are not fraud −3.2, problems around the subject, caused by others −1.8; legitimacy credit long-running +8, regulated +10; fact-check adjustments (−15) now shown as page reliability, not in the score. Version history →
Why this score
| Every page starts at | 65 |
| Concerns that are not fraud | -3.2 |
| Problems around it, caused by others | -1.8 |
| Long-running | +8 |
| Regulated | +10 |
| Sum | 78 |
Score: 88/100 (kept between 0 and 100)
How scoring works →Summary
USTB is a tokenized short-duration U.S. Treasury fund originally launched by Superstate in February 2024 and transitioned to Invesco Advisers, Inc. as investment manager in mid-2026. As of July 2026, the fund holds approximately $682 million in AUM, is deployed on Ethereum, Solana, and Plume, and is restricted to accredited investors and qualified purchasers. It operates as a private Section 3(c)(7) fund under a Regulation D Rule 506(c) exemption and has no record of regulatory enforcement actions, fraud allegations, or security incidents.
Connected Entities
5 entities · 60 linked investigations- Ondo Finance→mentioned with→Solana(70%)
- Ondo Finance→mentioned with→Ethereum(80%)
- Circle USYC→mentioned with→Ethereum(60%)
- Circle USYC→mentioned with→Solana(65%)
- Invesco Short Duration US Government Securities Fund (USTB)→mentioned with→Ondo Finance(80%)
- Invesco Short Duration US Government Securities Fund (USTB)→mentioned with→Circle USYC(80%)
- Invesco Short Duration US Government Securities Fund (USTB)→mentioned with→Ethereum(80%)
- Invesco Short Duration US Government Securities Fund (USTB)→mentioned with→Solana(80%)
- Solana→mentioned with→Ethereum(60%)
Timeline(10 events)
2022
Robert Leshner, founder of Compound Finance, incorporates Superstate with the stated mission of bridging traditional finance and blockchain through regulated investment products.
Blockchain.news / Yahoo FinanceJune 2023
Superstate raises approximately $4 million seed round led by ParaFi Capital, 1kx, Cumberland, CoinFund, and Distributed Global.
Unchained Crypto15 November 2023
Superstate closes $14 million Series A funding round led by Distributed Global and CoinFund to advance tokenized fund infrastructure.
CoinDeskFebruary 2024
Superstate launches the USTB tokenized short-duration U.S. Treasury fund on Ethereum with approximately $10 million in seed capital. The fund targets institutional investors seeking on-chain yield in line with the federal funds rate.
CoinDesk25 October 2024
0xmacro (Macro Security) completes a smart contract security audit of Superstate's Solidity contracts, identifying minor findings including a deployment script authorization assumption and missing upper-bound NAV validation in the oracle contract.
0xmacro Audit LibraryOctober 2024
Superstate introduces real-time 'continuous pricing' for USTB, dynamically updating NAV per share to allow holders to experience near-instant interest accrual.
The Block27 January 2025
0xmacro completes a subsequent security audit of Superstate smart contracts. No critical vulnerabilities publicly disclosed.
0xmacro Audit Library22 January 2026
Superstate raises $82.5 million in a Series B round led by Bain Capital Crypto and Distributed Global, bringing total fundraising to over $100 million and AUM past $1.2 billion.
CoinDesk24 March 2026
Invesco Ltd. and Superstate announce that Invesco Advisers, Inc. will assume investment management responsibilities for USTB, expected to close in Q2 2026. The fund is renamed the Invesco Short Duration US Government Securities Fund while retaining its USTB ticker and existing smart contract infrastructure.
PR Newswire / Fortune22 July 2026
As of this investigation date, USTB reports approximately $682 million AUM across Ethereum, Solana, and Plume, with 103 token-holding addresses, a NAV per share of approximately $11.15, and a 30-day APY of approximately 3.30%.
RWA.xyzDecision Log
- slot 457937197 · hash FJnXbNtZRV4ByqNC5R1CpczDyu42yR4nhL6tSuAFDZfL
- slot 455370882 · hash B6drmgkiUAwrf1krcZVPRzLHW7CMrpFbZJHwcHiJAB2M
- slot 443524204 · hash EtLXsVBR5dKMnyax8FrCdq7Y3zyq5vVCtd3aafxXLtex
- slot 443524168 · hash 3kC1cywmXeWdPYbCo1sEe1NJgLM9f3vK7wjjEfYBbLwB
- slot 443501578 · hash 7VefJZkbHmtDTsrTA2rAMbfXdRoGvvNkViQ5Xb4Kvx2D
This investigation is cryptographically anchored to the Solana blockchain (5 decisions). 21 of 24 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 7/22/2026, 5:21:35 PM
last updated: 10/10/2026, 6:50:42 PM
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