Apex Group supports tokenised real estate fund launch
04 June 2026 Luxembourg
Image: pingingz/stock.adobe.com
Apex Group, a financial services provider, will supply its alternative investment fund management (AIFM) services to the onchain, Luxembourg-domiciled real estate fund developed in collaboration with Archax, Goldman Sachs, LRC Group, and Ownera.
Apex Group will deploy its AIFM services through FundRock, its third-party management company and subsidiary.
The group will also provide fund administration and depositary services for non-financial instruments through Apex Fund Services Luxembourg, and bank account services through European Depository Bank, its banking and asset-safeguarding subsidiary.
Fund shares are tokenised using GS DAP, Goldman Sachs’ blockchain platform, with LRC Group acting as manager, Archax serving as custodian for the regulated digital securities, and Ownera’s interoperability infrastructure facilitating connectivity between participants and distribution channels.
The initiative is intended to enhance the operational efficiency and transparency of the fund, enable potential transferability, and maintain governance and regulatory compliance.
Speaking on the collaborative effort, Agnes Mazurek, global head of digital assets at Apex Group, says: “Apex Group’s role in this fund reflects growing demand from managers and investors for blockchain native solutions that operate squarely within existing regulatory frameworks.”
Matthew McDermott, global head of digital assets at Goldman Sachs, adds: “This collaboration is another step in our journey towards furthering onchain markets for digital assets.”
Apex Group will deploy its AIFM services through FundRock, its third-party management company and subsidiary.
The group will also provide fund administration and depositary services for non-financial instruments through Apex Fund Services Luxembourg, and bank account services through European Depository Bank, its banking and asset-safeguarding subsidiary.
Fund shares are tokenised using GS DAP, Goldman Sachs’ blockchain platform, with LRC Group acting as manager, Archax serving as custodian for the regulated digital securities, and Ownera’s interoperability infrastructure facilitating connectivity between participants and distribution channels.
The initiative is intended to enhance the operational efficiency and transparency of the fund, enable potential transferability, and maintain governance and regulatory compliance.
Speaking on the collaborative effort, Agnes Mazurek, global head of digital assets at Apex Group, says: “Apex Group’s role in this fund reflects growing demand from managers and investors for blockchain native solutions that operate squarely within existing regulatory frameworks.”
Matthew McDermott, global head of digital assets at Goldman Sachs, adds: “This collaboration is another step in our journey towards furthering onchain markets for digital assets.”
← Previous fund services article
BBH chosen to support AllianceBernstein’s European active ETF launch
BBH chosen to support AllianceBernstein’s European active ETF launch
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
