Grayscale Introduces Space and Time Trust, Expanding Blockchain Investment Offerings
Digital asset manager Grayscale has unveiled a new investment product, the Grayscale Space and Time Trust, offering accredited investors exposure to SXT, the native token of the Space and Time blockchain protocol.
“Grayscale Space and Time Trust offers investors access to a project that seamlessly blends blockchain technology with enterprise-grade data architecture, supporting a diverse array of applications across both Web 2.0 and Web 3.0 ecosystems,” said Rayhaneh Sharif-Askary, Grayscale’s Head of Product and Research.
Space and Time, developed by MakeInfinite Labs and backed by tech giant Microsoft, is a blockchain protocol designed to deliver verifiable, real-time database processing tailored for smart contracts, artificial intelligence, and decentralized applications. The platform officially launched its public, permissionless mainnet this May.
By integrating the decentralization of blockchain with the high-performance capabilities of traditional data platforms, Space and Time aims to address key limitations in current blockchain infrastructures. Its design focuses on high-integrity data processing for sectors like decentralized finance (DeFi) and artificial intelligence (AI), where data accuracy, provenance, and auditability are paramount.
The Space and Time Trust is now open for daily subscriptions, available exclusively to qualified individual and institutional accredited investors, according to Grayscale’s announcement.
Following the product launch, SXT experienced a 3.25% increase in value, reaching $0.07551 within the past 24 hours, according to data from CoinMarketCap.
