Index Industries has raised a $50 million seed round led by Lightspeed Venture Partners, with participation from Polychain, Galaxy Ventures, WMT Ventures and others. The company argues real estate, a $300 trillion asset class, remains hard to access through direct ownership and traditional financial products. Its first product, USHP, is described as a liquid, investable index referencing the U.S. housing market. The firm is also hiring for its core team.

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