TL;DR
- Grayscale has introduced a new investment vehicle centered around SXT, the native token of the Space and Time blockchain, which is supported by Microsoft’s venture arm.
- The token has surged nearly 19% in the past 24 hours, reaching $0.07735 with a market cap of $108.3 million.
- The move connects institutional capital with verifiable, AI-powered blockchain data infrastructure.
Grayscale Investments has rolled out a new trust product centered on SXT, the native token of Space and Time. This launch offers accredited investors direct exposure to one of the most technologically advanced blockchains, purpose-built to merge artificial intelligence with decentralized data infrastructure. The Space and Time blockchain has positioned itself as a core solution to the growing demand for trustworthy and immutable datasets in smart contracts and AI-driven platforms.
With the Grayscale Space and Time Trust now open to both institutional and high-net-worth individual investors, market access to SXT has taken a significant step forward. This is Grayscale’s latest effort to diversify its offerings beyond traditional tokens like BTC and ETH, as it aims to capture value in the evolving data economy. Market participants are increasingly looking for assets that combine technical innovation with real-world utility, and SXT fits that profile. It is drawing early attention from analysts and strategic venture funds.
Verifiable Data Becomes A New Strategic Asset
At the heart of Space and Time’s mission lies the concept of verifiable data. As blockchains are increasingly used to fuel artificial intelligence applications, the reliability of the underlying information becomes critical. Space and Time’s decentralized data warehouse addresses this issue by enabling transparent, auditable datasets that can be securely integrated into smart contracts and AI systems without relying on centralized intermediaries.
Backed by Microsoft’s venture capital division M12, the project has drawn attention for its ability to protect data integrity at scale. According to Rayhaneh Sharif-Askary, Grayscale’s head of product,
“Verifiable data can help ensure that we can trust the underlying datasets used for AI and smart contract applications.”
This trust is foundational in preventing monopolistic control over data by a handful of tech giants.
SXT is trading at $0.07735, showing an 18.97% increase over the last 24 hours, and has reached a market capitalization of $108.3 million. With Grayscale’s backing, the token’s visibility and appeal among professional investors have sharply increased. This new alignment of institutional capital with next-gen data infrastructure highlights how blockchain continues to evolve into a core pillar of future AI-driven platforms.
