Apex, Archax join Goldman Sachs tokenized real estate fund project

Apex Group is providing fund services for a tokenized real estate fund using Goldman Sachs’ GS DAP platform.

Apex Group is providing fund management services for a tokenized real estate fund whose shares are being issued on Goldman Sachs’ Digital Asset Platform, GS DAP.

The fund was developed with Goldman Sachs, digital asset exchange Archax, real estate investment manager LRC Group and interoperability provider Ownera, Apex said Thursday.

“Tokenization at institutional scale depends on trusted, regulated infrastructure,” Apex Group’s global head of digital assets, Agnes Mazurek, said, adding that its participation reflects growing demand from managers and investors for blockchain-native solutions.

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