Goldman Sachs launches tokenized real estate fund on blockchain platform

Goldman Sachs launched a tokenized real estate fund on its proprietary GS DAP blockchain platform, marking a significant step in bringing institutional real estate investment onto blockchain infrastructure. The fund, announced on June 4, 2026, partners Goldman Sachs with Apex Group, Archax, Ownera, and real estate investment manager LRC Group.

Quick Facts

• The fund combines blockchain-native issuance with established fund structures for real estate assets
• Fund shares are tokenized using GS DAP, Goldman Sachs’ proprietary blockchain platform
• LRC Group serves as fund manager; Archax acts as custodian for digital securities
• The initiative addresses a gap in scalable tokenized real estate distribution

Real estate has proven elusive in the tokenized asset space despite growing interest in real-world asset (RWA) tokenization. Apex Group provides Alternative Investment Fund Manager services and fund administration, while Ownera facilitates connectivity between participants and distribution channels.

“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. The fund is designed to enhance operational efficiency and transparency while maintaining robust governance and regulatory oversight.

Sources

• CoinDesk — Announced the partnership and detailed the fund structure, roles of each partner, and Goldman Sachs’ strategic vision for blockchain real estate
• Yahoo Finance / CryptoProwl — Confirmed the launch, partners involved, and Goldman Sachs’ use of its proprietary blockchain platform