Goldman Sachs, Apex and Archax launch tokenized real estate fund

The vehicle uses Goldman’s GS DAP to tokenize fund shares, with LRC Group managing the fund and Ownera linking participants and distribution channels.

Summary

Goldman Sachs, fund services group Apex Group and digital asset exchange Archax have launched a tokenized real estate fund, with Ownera and LRC Group also involved. The fund uses Goldman’s GS DAP to tokenize fund shares, bringing a traditional real-world asset strategy onto digital rails. LRC Group serves as manager, while Archax acts as the regulated digital securities custodian and the first distribution partner. Ownera connects the participants and distribution channels, a role aimed at helping move tokenized fund interests across a broader market infrastructure.

Terms & Concepts
  • tokenized real estate fund: Property fund with shares issued digitally.
  • digital securities custodian: Firm that safeguards tokenized securities assets.
  • distribution channels: Networks used to offer investments to buyers.