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

BlockBeats reported that on June 4, Goldman Sachs announced a collaboration with fund services institution Apex Group, digital asset trading platform Archax, infrastructure provider Ownera, and real estate investment management company LRC Group to launch a blockchain-native real estate fund, further advancing the tokenization of real-world assets (RWA).

The fund combines a traditional fund structure with a blockchain-native issuance model, and fund shares are tokenized via Goldman Sachs’s blockchain platform GS DAP. LRC Group serves as the fund manager, Archax is in charge of regulated digital securities custody and acts as the first distribution partner, while Ownera connects all participating parties and distribution channels.

Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, stated that issuing blockchain-native fund shares through GS DAP enables more precise investment in real estate assets and creates the foundation for easier transfers of shares in the future.

The market believes that as traditional financial institutions accelerate their involvement, the tokenization of real-world assets like real estate is gradually transitioning from conceptual exploration to practical application.