Goldman Sachs has announced a partnership with Apex Group, Archax, Ownera, and LRC Group to launch a blockchain-native real estate fund. The fund combines traditional fund structures with blockchain-native issuance, with fund shares tokenized on the GS DAP platform. LRC Group serves as the fund manager, Archax handles custody and distribution, and Ownera provides connectivity services. Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, stated that this model enables precise investment in real estate assets and simplifies share transfers.
Goldman Sachs Launches Blockchain-Native Real Estate Fund with Multiple Partners
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Summary
Goldman Sachs has launched a blockchain-native real estate fund in partnership with Apex Group, Archax, Ownera, and LRC Group. The fund combines traditional structures with blockchain-based issuance, with shares tokenized via the GS DAP platform. LRC Group will manage the fund, Archax will handle custody and distribution, and Ownera will provide connectivity. Mathew McDermott, Goldman Sachs’ global head of digital assets, said the model enables precise real estate investment and smoother share transfers. This blockchain development marks a key step in integrating blockchain-enabled solutions into asset management.
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