Apex Group launched a tokenized real estate fund on Goldman Sachs Digital Assets Platform (GS DAP), reflecting growing institutional investor interest in digital assets.
Apex Group, which services more than $3.5 trillion in assets, announced its participation in the launch of a new real estate fund with tokenized units, developed in partnership with Goldman Sachs, Archax, LRC Group, and Ownera. The initiative marked another step in the development of the institutional real-world asset tokenization market and the integration of blockchain technology into traditional investment structures.
Apex Group will serve as the alternative investment fund manager through Fundrock LIS and will also provide fund administration, depositary, and banking services. The company will be responsible for the issuance, servicing, and ongoing management of the fund’s tokenized units within a regulated legal framework.
The tokenization of fund units was implemented on Goldman Sachs Digital Assets Platform (GS DAP). LRC Group acts as the fund manager, while Archax provides custody of the regulated digital securities and became the first distribution partner for the investment product. Ownera supplies the interoperability infrastructure connecting market participants and distribution channels.
According to Agnieszka Mazurek, Head of Digital Assets at Apex Group, large-scale adoption of tokenization among institutional investors requires reliable and regulated infrastructure. She said interest in blockchain-based solutions among asset managers and investors continues to grow, and that real estate remains one of the most suitable sectors for such initiatives.
The project’s developers said the new structure combines the issuance of investment units on blockchain with a traditional fund model. The approach is designed to provide greater transparency, lower operational costs, simplified asset administration, more efficient transfer of fund units to investors in the future, and continued adherence to corporate governance and investor protection requirements.
Matthew McDermott, Global Head of Digital Assets at Goldman Sachs, said the GS DAP platform enables the issuance of blockchain-based investment instruments backed by real-world assets and supports the development of digital asset markets.
Apex Group also said the project helps address two key challenges in the tokenization market: scalable distribution of investment products and their ongoing operational servicing. The company’s platform supports investor onboarding, transaction processing, client servicing, and regulatory reporting across multiple jurisdictions.
The fund launch highlights the continued convergence of traditional investment fund infrastructure and digital asset technologies, underscoring the financial industry’s growing interest in the tokenization of real-world assets.
