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

Goldman Sachs announced a collaboration with fund service provider 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 promoting the tokenization of real-world assets (RWA).

The fund combines a traditional fund structure with a blockchain-native issuance model, with fund shares tokenized through Goldman Sachs' blockchain platform GS DAP. LRC Group serves as the fund manager, Archax is responsible for regulated digital securities custody and acts as the first distribution partner, while Ownera connects all participants and distribution channels.

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

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