Goldman Sachs Partners with Apex and Archax to Launch Tokenized Real Estate Fund

On June 4, according to CoinDesk, Goldman Sachs, in collaboration with fund services giant Apex Group and digital asset exchange Archax, has launched a tokenized real estate fund. Infrastructure provider Ownera and real estate investment management firm LRC Group are also involved. The fund combines blockchain-native issuance with a mature fund structure, aiming to enhance operational efficiency and transparency while enabling future transferability and maintaining governance and regulatory oversight. Fund shares are tokenized using Goldman Sachs' blockchain platform, GS DAP. LRC Group serves as the administrator, Archax acts as the regulated digital securities custodian and initial distribution partner, and Ownera facilitates connections between participants and distribution channels. The global head of digital assets at Goldman Sachs stated that issuing blockchain-native fund shares on GS DAP allows for precise investment in real estate assets.