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Goldman Sachs Teams Up with Apex and Archax to Launch Tokenized Real Estate Fund

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On June 4, Goldman Sachs announced a partnership with fund services provider Apex Group, digital asset exchange Archax, infrastructure provider Ownera, and real estate investment manager LRC Group to launch a blockchain-native real estate fund, further advancing the tokenization of real-world assets (RWA). The fund blends a traditional fund structure with blockchain-native issuance, with its shares tokenized on Goldman Sachs’ GS DAP blockchain platform. LRC Group serves as the fund manager, Archax handles regulated digital securities custody and acts as the primary distribution partner, while Ownera is tasked with connecting all parties and distribution channels. Matthew McDermott, Goldman Sachs’ Global Head of Digital Assets, stated that issuing blockchain-native fund shares via GS DAP enables more targeted real estate investments and paves the way for smoother share transfers in the future. Market observers point out that as traditional financial institutions ramp up their efforts, tokenization of real-world assets like real estate is gradually shifting from conceptual exploration to tangible, practical application.
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