Grayscale has launched the Grayscale Space and Time Trust. The new product offers institutional and individual investors exposure to SXT, the native token of the Space and Time blockchain. The move expands its portfolio into the fast-evolving intersection of blockchain, artificial intelligence, and verifiable data.
The Space and Time blockchain, backed by Microsoft’s venture capital arm M1, is designed as a decentralized data warehouse to support the next generation of decentralized applications (dApps), smart contracts, and AI-powered protocols.
Unlike traditional blockchains, which struggle with computationally intensive tasks, Space and Time delivers verifiable, real-time database processing for both on-chain and off-chain data, meeting the growing demands of Web3 and enterprise AI.
Unique Value Of Space And Time By Grayscale
Space and Time aims to solve a “critical need” at the heart of the AI-blockchain convergence. This is the ability to verify the integrity, provenance, and auditability of data. Its blockchain is purpose-built for smart contract processing and AI tasks. It offers a scalable, decentralized compute layer that brings the speed and efficiency of traditional data warehouses to a trustless, transparent environment.
The strategy is especially important for applications in supply chains, AI, and decentralized finance (DeFi). This is because confidence in the underlying data is critical. In contrast to centralized warehouses and legacy blockchains, Space and Time offers a native, scalable data layer that supports both on-chain and off-chain reporting.
The SXT token is central to the Space and Time ecosystem. It is used for staking to secure the network and for payments related to data processing. Through the new Grayscale Space and Time Trust, investors can gain direct exposure to SXT. This is similar to how Grayscale’s flagship trusts have provided access to Bitcoin, Ethereum, and other blue-chip digital assets.
The Trust is now live and available to eligible institutional and individual investors, adding to Grayscale’s diverse lineup of exchange-traded products (ETPs) and ETFs that span from legacy cryptocurrencies to emerging Web3 and AI projects.
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