Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With offices in over 50 countries worldwide and 12,000 employees, Apex delivers an extensive range of services to asset managers, capital markets, private clients and family offices. The Group has continually improved and evolved its capabilities to offer a single-source solution through establishing the broadest range of services in the industry; including fund services, digital onboarding and bank accounts, depositary, custody and super ManCo services, business services including HR and Payroll and a pioneering ESG Ratings and Advisory service for private companies.
Goldman Sachs has partnered with fund services giant Apex Group and digital asset exchange Archax to launch a tokenized real estate fund. The fund combines blockchain-native issuance with an established fund structure, with its fund shares tokenized using Goldman Sachs' blockchain platform, GS DAP. Infrastructure provider Ownera and real estate investment management firm LRC Group also participated in the fund's launch.LRC Group serves as the fund's manager, Archax acts as the custodian and first distribution partner, while Ownera is responsible for connecting participants with distribution channels. Apex Group provides alternative investment fund manager services through Fundrock LIS and asset management and custody services via Apex Fund Services Luxembourg. (coindesk)
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According to CoinDesk, Moody’s has awarded the highest rating of AAA-mf to Fidelity’s and BlackRock’s tokenized money market funds, signifying that both institutions’ products meet the highest standards in credit quality, liquidity, and capital preservation. Fidelity’s FILQ fund launched on May 6, built on Sygnum’s Desygnate tokenization platform, enabling real-time on-chain cash settlement and supported by infrastructure from J.P. Morgan, Apex Group, and Chainlink; BlackRock’s BUIDL fund launched in March 2024 and currently accounts for approximately 15% of the tokenized Treasury market.
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