Real Estate Tokenization Company Index Industries Closes $50 Million Seed Round
Nov 11, 05:28
On November 11, Index Industries, a real estate investment infrastructure company, announced the completion of a $50 million seed funding round, led by Lightspeed Venture Partners, with participation from Polychain Capital, Galaxy Ventures, and Wintermute Ventures.
The company is building a platform that integrates daily updating indices, tokenization technology, and real estate and capital market services to support third-party housing-related investment products. Its US Home Price Index (USHP Index) is launching soon, and a product based on the index, USHP, is scheduled to be issued on Ethereum by USHP Limited in 2026 before expanding to Solana in 2027.