Key facts
- Goldman Sachs has launched a tokenized real estate fund.
- The fund is named the LRC Tokenized Real Estate Fund SCSp, SICAV-RAIF.
- The fund is domiciled in Luxembourg.
- Goldman Sachs partnered with Apex Group, Archax, LRC Group, and Ownera.
- The fund utilizes Goldman Sachs' GS DAP platform.
- The fund enables regulated onchain share issuance.
- The target investors are European real estate investors.
Goldman Sachs has launched a tokenized real estate fund, marking a significant step in digital asset offerings for the financial institution. The fund, officially named the LRC Tokenized Real Estate Fund SCSp, SICAV-RAIF, is domiciled in Luxembourg. This new venture is a collaboration involving Apex Group, Archax, LRC Group, and Ownera, all contributing to its development and operation. The fund is built on Goldman Sachs' proprietary GS DAP platform, which facilitates the issuance of shares directly on the blockchain. This onchain share issuance is designed to be regulated, offering a compliant pathway for investors. The primary target market for this tokenized real estate fund is European investors interested in the real estate sector. The structure aims to streamline the investment process and potentially increase liquidity for real estate assets through tokenization.