Goldman Sachs Issues Blockchain-Native Real Estate Fund Tokens on April 27, With Apex Group and Archax

According to Apex Group, Goldman Sachs issued blockchain-native tokens for the LRC Tokenized Real Estate Fund on its GS DAP platform on April 27, 2026. The Luxembourg-domiciled fund, structured as SICAV-RAIF, targets institutional investors across the European Economic Area.

Apex Group, which services over $3.5 trillion in assets, serves as Alternative Investment Fund Manager, fund administrator, and depositary. Archax operates as custodian and the fund's first distribution partner. LRC Group, a London-based real estate investment manager overseeing approximately €3.6 billion in assets, serves as fund manager. The structure combines onchain ownership records with traditional fund governance and regulatory oversight, with no retail access or secondary market trading announced.