Real estate tokenization company Index Industries completes $50 million seed round

ShenChao TechFlow reports that on November 11, according to an Index Industries announcement, the real estate investment infrastructure company completed a $50 million seed round led by Lightspeed Venture Partners, with participation from Polychain Capital, Galaxy Ventures, Wintermute Ventures and others.

The company is building a platform that combines a daily-updated index, tokenization technology, and real estate and capital market services to support third-party housing-related investment products. Its U.S. home price index, USHP Index, is set to launch, and the USHP product based on the index is expected to be issued by USHP Limited on Ethereum in 2026 and expanded to Solana in 2027.

Source: ShenChao TechFlow