The Sharplink Onchain Yield Fund is launching USHP, a tokenized index tracking US residential home prices. The product is backed by $125 million in total capital commitments and is scheduled to debut on the Ethereum mainnet in Q4 2026, with a planned expansion to Solana in 2027.
Galaxy Digital has committed $50 million to the project, while Forward Industries has pledged up to $50 million. These institutional commitments total $100 million ahead of the official launch. Forward Industries also secured a minority stake in Index Industries, the creator of the underlying home price index.
Index Industries previously raised $50 million in a seed round led by Lightspeed Venture Partners, with participation from Galaxy Ventures. The USHP token is designed to provide exposure to a daily home price index and is supported by housing-related reserve assets. An income-bearing version, USHPi, will also be available.
Sharplink, which holds approximately 895 000 ETH, aims to attract both crypto-native and traditional investors. The project targets the US residential housing market, which is valued at roughly $55 trillion, offering a diversification tool with low historical correlation to the crypto market.
