Home Goldman Sachs Teams With Apex, Archax For Tokenized Real Estate Fund

Goldman Sachs Teams With Apex, Archax For Tokenized Real Estate Fund

Share
Goldman Sachs Teams With Apex, Archax For Tokenized Real Estate Fund
News
Share

Investment bank Goldman Sachs has teamed up with fund servicing giant Apex Group and digital asset exchange Archax to tokenize real estate, the firms said.

Infrastructure provider Ownera and real estate investment manager LRC Group are also included in the debut of the blockchain-native real estate fund.

The fund shares are tokenized using GS DAP, Goldman Sachs’ blockchain platform. LRC Group acts as manager and 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 through Fundrock LIS, along with fund administration and depositary services of assets other than financial instruments through Apex Fund Services Luxembourg.

“Issuing blockchain native fund units on GS DAP enables investment in real estate assets with precision while unlocking more seamless transferability in the future,” said Mathew McDermott, global head of digital assets at Goldman Sachs.

 

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

News

Ripple Launches Ripple Mint To Accelerate RLUSD Adoption For Institutions

Ripple, a blockchain technology company, today launched Ripple Mint, a new platform designed to simplify how institutions access and manage Ripple USD...

News

Riot Platforms Q1 2026 Revenue Reaches $167M, Data Centre Business Contributes $33.2M

Riot Platforms reported $167.2 million in revenue for the first quarter of 2026. The company’s newly launched data center division generated $33.2...

News

Core Scientific Acquires Polaris DS For $421M To Expand AI Data Centres

Core Scientific has acquired Polaris DS in a $421 million deal aimed at expanding artificial intelligence and high-performance computing infrastructure. The acquisition...

News

BTC Treasury Firm Empery Digital Invests $20M In Cardinal Data Power, Expands AI Pivot

Empery Digital said it invested $20 million in Cardinal Data Power, acquiring an approximately 8% stake in the private developer of powered...

Related Articles

Bitcoin Mining Pool Poolin Files Chapter 11 As Customer IOU Debt Tops $163M

Poolin has filed for Chapter 11 bankruptcy in the United States, with...

5 Best Ways To Monetize Your Idle Crypto Via Liquid Staking

Imagine you have been holding Ethereum for years. You think its price...

How To Start An AI Faceless YouTube Channel & Get Monetized

Do you want to make money from YouTube, but you don’t make...

TOP 5 AI Tokens With Strong Real World Utility

Are you looking for some AI-focused crypto projects as Artificial Intelligence (AI)...