According to ME News, on June 4 (UTC+8), Goldman Sachs partnered with fund services giant Apex Group and digital asset exchange Archax to launch a tokenized real estate fund, with infrastructure provider Ownera and real estate investment management firm LRC Group also participating in the fund’s issuance. The fund shares are tokenized on Goldman Sachs’ blockchain platform, GS DAP. LRC Group serves as the fund manager, Archax acts as the regulated custodian of digital securities and the first distribution partner, and Ownera facilitates connectivity between participants and distribution channels. (Source: Foresight News)
Goldman Sachs Launches Tokenized Real Estate Fund with Apex Group and Archax
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Summary
Goldman Sachs has launched a tokenized real estate fund in partnership with Apex Group and Archax, marking a significant development in the real-world assets (RWA) space. The fund is issued on GS DAP, with LRC Group as fund manager, Archax as custodian and first distribution partner, and Ownera managing participant onboarding. This on-chain initiative brings institutional-grade real estate exposure to digital asset platforms.
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