Led by former Blackstone and Polychain executives, real estate tokenization project Index Industries has completed a $50 million seed round. This quarter, it will launch USHP on Ethereum, a product tracking U.S. home prices, with $100 million in preorders already secured.
With former Blackstone and Polychain executives at the helm, that’s an impressive lineup. The $100 million in preorders is no exaggeration—real money is coming in. Putting real estate on-chain is a trend, but this wave of institutional participation shows that the combination of DeFi and traditional assets is only just getting started. Institutions will definitely want a piece of USHP.
$USHP #RealEstate
With former Blackstone and Polychain executives at the helm, that’s an impressive lineup. The $100 million in preorders is no exaggeration—real money is coming in. Putting real estate on-chain is a trend, but this wave of institutional participation shows that the combination of DeFi and traditional assets is only just getting started. Institutions will definitely want a piece of USHP.
$USHP #RealEstate
