Grayscale Launches Space and Time SXT Trust
Grayscale, a leading digital asset investment platform, announced the launch of the Grayscale Space and Time Trust. This new investment vehicle focuses on the SXT token, the native cryptocurrency of the Space and Time blockchain protocol. This token offers exposure to a project that merges blockchain with enterprise-grade data solutions to enhance Web 2.0 and 3.0 applications. Space and Time, developed by MakeInfinite Labs and supported by Microsoft, introduced a public mainnet in May that excels in real-time, verifiable database processes for smart contracts, AI, and decentralized applications. The protocol's innovation addresses blockchain limitations by merging decentralization with the efficiency of traditional data systems, especially for DeFi and AI applications where data accuracy and auditability are essential. Accredited investors can now subscribe daily to the Space and Time Trust. Meanwhile, SXT's value saw an increase, reflecting positive market interest.
FAQ
❓ What is the purpose of the Grayscale Space and Time Trust?
It provides investors exposure to the SXT token by combining blockchain technology with advanced data architectures.
❓ Who developed the Space and Time protocol?
Space and Time was developed by MakeInfinite Labs with support from Microsoft.
❓ How has the SXT token performed recently?
The SXT token's price increased by 3.25%, reaching $0.07551.