GOLDMAN SACHS BETS BIG ON BLOCKCHAIN WITH TOKENIZED REAL ESTATE FUND LAUNCH
June 04, 2026
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| Investment banking giant Goldman Sachs has joined forces with fund servicing giant Apex Group and regulated digital asset exchange Archax to launch a blockchain-native tokenized real estate fund, the firms announced on Thursday. |
Investment banking giant Goldman Sachs has joined forces with fund servicing giant Apex Group and regulated digital asset exchange Archax to launch a blockchain-native tokenized real estate fund, the firms announced on Thursday.
The fund also includes infrastructure provider Ownera and real estate investment manager LRC Group as key partnersund shares are tokenized using GS DAP, Goldman Sachs' own proprietary blockchain platform, marking a significant step forward in bringing real estate into the digital asset era.
Under the structure, LRC Group acts as fund manager, while Archax serves as custodian for the regulated digital securities and the first distribution partner. Ownera facilitates connectivity between participants and distribution channels. Apex Group is providing Alternative Investment Fund Manager services, along with fund administration and depositary services.
Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, stated that issuing blockchain-native fund units on GS DAP enables investment in real estate assets with greater precision while unlocking more seamless transferability in the future.
The move comes as the tokenization of real-world assets continues to gain momentum among both crypto-native firms and traditional finance players.
Real estate has so far been one of the most challenging asset classes to tokenize at scale, making this launch a notable milestone for the industry.
This is a developing story. Stay tuned for further updates.
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