Goldman Sachs tokenizes real estate fund shares on GS DAP with Apex and Archax

Goldman Sachs is working with Apex Group, Archax, Ownera and LRC Group on a blockchain-native real estate fund, with shares tokenized through GS DAP. LRC manages the fund, Archax acts as custodian and first distribution partner, Ownera handles connectivity, and Apex provides AIFM, administration and depositary services through Fundrock LIS. The real signal is Goldman pushing tokenization into real estate fund units, a tougher RWA asset class where scalable distribution has lagged money-market funds and bonds.

TLDR by @Benthic

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