Goldman Sachs partners with Apex and Archax to launch tokenized real estate fund

CoinFeed reported on June 4th that, according to CoinDesk, Goldman Sachs has partnered with fund services giant Apex Group and digital asset exchange Archax to launch 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 improve operational efficiency and transparency while achieving future transferability and maintaining governance and regulatory oversight. Fund units are tokenized using Goldman Sachs' blockchain platform GS DAP, with LRC Group acting as manager, Archax as regulated digital securities custodian and the first distribution partner, and Ownera facilitating connections between participants and distribution channels.