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

In comparison, Goldman Sachs announced a partnership with fund service agency Apex Group, digital asset trading platform Archax, infrastructure provider Ownera, and real estate investment management company LRC Group to launch blockchain-native real estate funds to further promote the tokenization of real-world assets (RWA).

The fund uses a combination of traditional fund structures and blockchain native issuance models, and fund shares are tokenized through GS DAP, a blockchain platform owned by Goldman Sachs. LRC Group acts as fund manager, Archax is responsible for the escrow of regulated digital securities and as the first distribution partner, and Ownera is responsible for connecting participants and distribution channels.

Mathew McDermott, global head of digital assets at Goldman Sachs, said that issuing blockchain native fund shares through GS DAP can invest in real estate assets more accurately and create conditions for more convenient share transfers in the future.

The market believes that with the acceleration of traditional financial institutions, tokenization of real-world assets such as real estate is gradually moving from conceptual exploration to practical application.