Apex, Archax join Goldman Sachs tokenized real estate fund project
Apex Group is providing fund administration for a tokenized real estate fund whose shares are issued on Goldman Sachs’ Digital Asset Platform (GS DAP). The fund was built with Goldman Sachs, Archax, LRC Group, and Ownera, combining regulated fund management with blockchain-based issuance, settlement, custody, and transfer. LRC Group manages the real estate assets, Archax serves as custodian and initial distributor, and Ownera supplies interoperability between issuers, custodians, and distribution channels. The project shows how institutions are moving real-world asset funds onchain while keeping familiar governance and regulatory controls. Goldman Sachs says issuing blockchain-native fund units can improve precision and future transferability. The initiative adds real estate to a broader wave of institutional tokenization that already includes money-market funds, private funds, and collateral networks.
