Ownera Supports Tokenised Real Estate Fund Launch with Apex Group and Industry Partners
Apex Group Ltd ("Apex Group"), a global financial services provider with over $3.5 trillion in assets serviced, today announced its role in the launch of a blockchain-native real estate fund developed in collaboration with Archax, Goldman Sachs, LRC Group, and Ownera.
The initiative marks a significant step forward in the institutional adoption of tokenized fund structures within the global real estate market.
Apex Group is providing Alternative Investment Fund Manager services through Fundrock LIS, along with fund administration and depositary services of assets other than financial instruments through Apex Fund Services Luxembourg, and bank account services through EDB for the structure, supporting the issuance, servicing, and ongoing lifecycle management of blockchain native fund units within a regulated framework.
The fund shares are tokenised using GS DAP®, Goldman Sachs’ blockchain platform. LRC Group acts as manager, while Archax serves as custodian for the regulated digital securities and the first distribution partner. Ownera’s interoperability infrastructure facilitates connectivity between participants and distribution channels.