Goldman Sachs to Tokenize Real Estate Fund With Apex Group, Archax

Goldman Sachs is moving ahead with plans to tokenize a real estate fund.

CoinDesk reported on June 4 that Goldman Sachs announced the project with asset manager Apex Group and crypto exchange Archax. Blockchain infrastructure company Ownera and real estate asset manager LRC Group are also participating.

The new fund combines a traditional fund structure with blockchain-based issuance. Fund interests will be tokenized through GS DAP, Goldman Sachs' blockchain platform.

Tokenization of real-world assets has become a key focus for both traditional finance and the crypto industry. Real estate, however, has been one of the slower asset classes to adopt RWA tokenization because large-scale distribution remains difficult. Goldman Sachs said the new fund was designed to improve operational efficiency and transparency, while preserving the possibility of future transfers and maintaining regulatory oversight.

Mathew McDermott, Goldman Sachs' global head of digital assets, said issuing a blockchain-based fund on GS DAP would allow more precise investment in real estate assets. He added that it should also enable smoother asset transfers in the future.