Invesco, a leading global asset manager, announced the appointment of Kathleen Wrynn, a former JPMorgan blockchain expert, as its global head of digital assets. This new role will oversee Invesco's $1.6 billion portfolio of cryptocurrency ETFs and tokenized assets. Wrynn's responsibilities will include managing digital assets, tokenizing the firm’s funds, and integrating cryptocurrencies into investment strategies. Invesco’s move reflects a growing institutional interest in digital assets, with a recent survey indicating that 60% of Fortune 500 companies are engaging in blockchain projects. The appointment is seen as a strategic effort to enhance Invesco's digital assets initiatives as institutional adoption of cryptocurrencies rises, especially in the U.S., where a significant portion of crypto transactions involves large transfers exceeding $1 million. This growing trend is partly driven by supportive regulatory actions proposed by U.S. leadership, aiming to encourage further investment in cryptocurrencies.

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