Jun 4
Goldman Sachs, Apex, and Archax Team Up for Tokenized Real Estate Fund
➤ Goldman Sachs, Apex Group, Archax, LRC Group, and Ownera have collaborated to launch a tokenized real estate fund, integrating traditional real estate investment with blockchain technology. ➤ Apex Group will provide fund administration and other services, while the fund units will be tokenized on Goldman Sachs' GS DAP platform, with Archax acting as custodian and Ownera providing interoperability. ➤ This initiative signifies a growing trend in institutional adoption of tokenized real-world assets, aiming to enhance efficiency, transparency, and transferability within regulated frameworks.