Goldman Sachs tokenizes real estate fund on blockchain

A new tokenized real estate fund, developed through a partnership between Goldman Sachs, fund services firm Apex Group, and several other specialized firms, has been launched using the investment bank’s blockchain platform. The initiative represents a significant institutional step toward bringing traditional asset funds onto blockchain infrastructure.

The fund’s shares are being issued as digital tokens on the Goldman Sachs Digital Asset Platform (GS DAP), a blockchain-based system for issuing, settling, and transferring digital assets. According to the partners, the structure aims to combine the efficiency and transparency of blockchain technology with established investment fund governance and regulatory oversight.

The collaboration involves multiple firms with distinct roles. Real estate investment manager LRC Group will manage the fund’s underlying assets. Digital asset exchange Archax will act as the custodian for the regulated digital securities and serve as the initial distribution partner. Apex Group will provide fund administration and management services. Interoperability provider Ownera will supply the technical layer connecting the various participants and...