Goldman Sachs Launches Blockchain-Native Tokenized Real Estate Fund With Apex and Archax

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According to Goldman Sachs, the investment banking giant launched a blockchain-native tokenized real estate fund today (June 4) in partnership with Apex Group, Archax, Ownera, and LRC Group. The fund will use Goldman Sachs' Digital Asset Platform (GS DAP) to tokenize fund shares, with LRC Group serving as fund manager, Archax as custodian and distribution partner, and Ownera providing connectivity between participants. Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, stated: "Issuing blockchain native fund units on GS DAP enables investment in real estate assets with precision while unlocking more seamless transferability in the future."
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