Apex Group Joins Tokenized Real Estate Fund on Goldman Sachs Platform

Apex Group is providing fund management services for a tokenized real estate fund whose shares are being issued on Goldman Sachs’ Digital Asset Platform, GS DAP.The fund was developed with Goldman Sachs, digital asset exchange Archax, real estate investment manager LRC Group and interoperability provider Ownera, Apex said Thursday.“Tokenization at institutional scale depends on trusted, regulated infrastructure,” Apex Group’s global head of digital assets, Agnes Mazurek, said, adding that its participation reflects growing demand from…

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US Democrats Push for FTC Investigation Into Prediction Markets

Nine Democratic lawmakers in the US House of Representatives have called on the Federal Trade Commission to launch a probe into how prediction markets are advertising to customers compared to how they present themselves to regulators. In a statement on Wednesday, US Representatives Kevin Mullin and Gabe Vasquez said the…

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