Index Industries (@Index_inds) header
Index Industries (@Index_inds) profile picture

Index Industries creates infrastructure that reshapes how the world accesses and invests in real estate.

Joined July 2026
Photo by Index Industries (@Index_inds)Photo by Index Industries (@Index_inds)Photo by Index Industries (@Index_inds)Photo by Index Industries (@Index_inds)
We’re thrilled to announce coming out of stealth with a $50M raise to transform how the world accesses real estate markets. Real estate is the largest asset class in the world, worth $300 trillion, so why hasn’t it evolved with the rest of finance? It remains one of the hardest to access, both directly and through traditional financial products. The first application of Index Industries’ technology is @USHP_Official: a first-of-its-kind liquid, investable index referencing the U.S. housing market. The U.S. housing market finally has a ticker.
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Index Industries retweeted
USHP is a first-of-its-kind liquid, investable index product. The full breakdown ↓
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“One of the most common forms of investment guidance, either professionally or informally, is to own real estate. In the U.S. specifically, it’s been one of the larger wealth creators for many, many generations. … Adding an asset with little to no correlation to movements in equity and fixed-income markets can provide valuable diversification for individual and institutional portfolios.” @JReedRosenthal sat down with @lightspeedvp @jmover on why U.S. housing needs an investable index.
One of the largest asset classes in the US doesn’t have a liquid index. @Index_inds’ tech is powering a new investable index product for the US housing market. Co-founder and CEO @JReedRosenthal joined Lightspeed Partner @jmover on The Investment Memo to expand on what they’re building. Index Industries’ first offering will be the U.S. Home Price Index (USHP Index), a proprietary benchmark for U.S. home prices. Calculated daily, it integrates data from the major housing indices into a single national measure, and will serve as a reference for the USHP token, which is issued by USHP Limited. USHP is a first-of-its-kind liquid index product backed by housing-related assets. Josh explained why he feels USHP is so necessary in today’s market: Advanced blockchain capabilities, a more open regulatory environment, and a generation that has increasingly felt they couldn’t afford owning a home. His goal is to broaden access to the housing market as an asset class. “Every home is a unique snowflake. You need deep expertise in specific markets, specific home types, and so on and so forth,” Josh says. 00:00 Meet Josh Rosenthal, CEO of Index Industries 01:45 From Investor to Co-Founder and CEO 03:29 The Ticker for the US Housing Market 05:19 On Traditional ETF Infrastructures 06:44 Blockchains as a Sandbox for Financial Innovation 10:17 The $300T Real Estate Asset Class 12:36 Tokenization Meets Real Estate 18:58 Building the Team 19:54 Five-Year Vision for US Housing
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We are fortunate to have a stacked set of incredible investors supporting us. Coming soon: Our first index product will be the U.S. Home Price Index (USHP Index), a proprietary benchmark for U.S. home prices. @ushp_official, based on the USHP Index and issued by USHP, Limited (BVI), will be the first investment product built using our technology and infrastructure.
We’re thrilled to announce coming out of stealth with a $50M raise to transform how the world accesses real estate markets. Real estate is the largest asset class in the world, worth $300 trillion, so why hasn’t it evolved with the rest of finance? It remains one of the hardest to access, both directly and through traditional financial products. The first application of Index Industries’ technology is @USHP_Official: a first-of-its-kind liquid, investable index referencing the U.S. housing market. The U.S. housing market finally has a ticker.
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Index Industries retweeted
Congrats to @JReedRosenthal, Brian Hardecker, and the @index_inds team on their $50M raise! US housing is a $55T market, but unless you buy a home, it's hard to invest in Index Industries is building the infrastructure to change that, starting with the USHP Index (@USHP_Official), a daily read on US home prices More assets are moving onchain, and housing is starting to follow Proud to be part of their journey to make US housing easier to invest in
We’re thrilled to announce coming out of stealth with a $50M raise to transform how the world accesses real estate markets. Real estate is the largest asset class in the world, worth $300 trillion, so why hasn’t it evolved with the rest of finance? It remains one of the hardest to access, both directly and through traditional financial products. The first application of Index Industries’ technology is @USHP_Official: a first-of-its-kind liquid, investable index referencing the U.S. housing market. The U.S. housing market finally has a ticker.
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Index Industries retweeted
Thrilled to see @Index_inds launch. We've been working together for the past months with the team, and I am super excited to see @USHP_Official finally launch as their first asset, and a new primitive onchain ! @chainlink 🤝 @Index_inds
We’re thrilled to announce coming out of stealth with a $50M raise to transform how the world accesses real estate markets. Real estate is the largest asset class in the world, worth $300 trillion, so why hasn’t it evolved with the rest of finance? It remains one of the hardest to access, both directly and through traditional financial products. The first application of Index Industries’ technology is @USHP_Official: a first-of-its-kind liquid, investable index referencing the U.S. housing market. The U.S. housing market finally has a ticker.
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Index Industries retweeted
Former Polychain President @JReedRosenthal just came out of stealth with @Index_inds and a $50M seed round The startup was co-founded by Rosenthal alongside Brian Hardecker, CEO of Longmark, a residential real estate platform with $2 billion in AUM. The raise was led by @lightspeedvp with participation from @polychain, @galaxyhq and @wmt_ventures. US housing is worth an estimated $55 trillion, but there hasn't been a simple way for investors to get liquid exposure to home prices as a whole. USHP plans to change that by opening to eligible institutional and non-US investors, starting on Ethereum with up to $100M in pre-launch commitments, according to The Block reporting. Rosenthal said indexing "reduces the expertise and cost barriers to investing in an entire market, which is what U.S. housing needs." Index’s first product is @USHP_Official, a tokenized product that tracks a daily US home price index. It is expected to launch this quarter.
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Index Industries retweeted
THE BLOCK: Real estate tokenization startup Index Industries has emerged from stealth with a $50 million seed round led by Lightspeed, with participation from Polychain, Galaxy Ventures, Wintermute Ventures, and others. Founded by former Polychain President Josh Rosenthal and former Blackstone principal Brian Hardecker, the startup is developing the technology behind USHP, a tokenized product that tracks U.S. home prices. USHP has received up to $100 million in pre-launch institutional commitments and is expected to launch on Ethereum this quarter for eligible institutional and non-U.S. investors.
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Index Industries retweeted
Galaxy Ventures is proud to back @Index_inds by participating in a $50M seed round led by @Lightspeedvp. Index Industries is building the technology and infrastructure to make U.S. housing a broadly investable asset class onchain.
We’re thrilled to announce coming out of stealth with a $50M raise to transform how the world accesses real estate markets. Real estate is the largest asset class in the world, worth $300 trillion, so why hasn’t it evolved with the rest of finance? It remains one of the hardest to access, both directly and through traditional financial products. The first application of Index Industries’ technology is @USHP_Official: a first-of-its-kind liquid, investable index referencing the U.S. housing market. The U.S. housing market finally has a ticker.
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Index Industries retweeted
After 7 years in venture capital, I've finally made the leap to join a phenomenal team, a massive market, and a can't miss opportunity! Super excited to announce I've joined @JReedRosenthal at @Index_inds !
We’re thrilled to announce coming out of stealth with a $50M raise to transform how the world accesses real estate markets. Real estate is the largest asset class in the world, worth $300 trillion, so why hasn’t it evolved with the rest of finance? It remains one of the hardest to access, both directly and through traditional financial products. The first application of Index Industries’ technology is @USHP_Official: a first-of-its-kind liquid, investable index referencing the U.S. housing market. The U.S. housing market finally has a ticker.
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Index Industries retweeted
We’re thrilled to lead @Index_inds Industries’ $50M Seed round as they emerge from stealth. Index Industries is building the financial infrastructure for a new era of real estate investing. Their technology supports USHP, the first liquid index product designed to track U.S. home prices. Despite U.S. housing being one of the largest asset classes in the world, worth more than $55 trillion, there hasn't been a product that offers liquid exposure to broad U.S. home price performance. Co-founders @JReedRosenthal and Brian Hardecker are working to change that. As property ownership is becoming increasingly difficult to reach, Index Industries' products aim to bring real estate the kind of liquid index access that already exists across equities, fixed income, and commodities. Congratulations to Josh, Brian, and the entire team! CC: @jmover
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Index Industries retweeted
In June, I announced I was leaving @polychain after nearly 5 years, and I’m excited to finally be able to share what I’ve been working on. I’ve joined Index Industries (@Index_inds) as CEO and co-Founder with Brian Hardecker. Real estate is one of the largest and most important asset classes on the planet, but it has been left behind by the fintech revolution that has more people taking control of their financial future than ever before. It’s time for an update and Index Industries has raised a $50M Seed round led by @lightspeedvp, with participation from @polychain, @galaxyhq, @wmt_ventures and others to do just that. The future of real estate investment is now.
We’re thrilled to announce coming out of stealth with a $50M raise to transform how the world accesses real estate markets. Real estate is the largest asset class in the world, worth $300 trillion, so why hasn’t it evolved with the rest of finance? It remains one of the hardest to access, both directly and through traditional financial products. The first application of Index Industries’ technology is @USHP_Official: a first-of-its-kind liquid, investable index referencing the U.S. housing market. The U.S. housing market finally has a ticker.
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We are building our core team and looking for the best and brightest to join. Want to shape the future of real estate investing? Join us. Apply here: indexindustries.com/careers#…
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