
Designed to overcome bottlenecks in legacy and blockchain systems through decentralised compute.
Grayscale has launched the “Space and Time Trust” to offer accredited investors the chance to gain exposure to the Space and Time blockchain’s native SXT token. Accredited individuals and institutions can now subscribe to the Trust on a daily basis.
Space and Time is a Layer-1 blockchain developed to support real-time, verifiable database operations for smart contracts, decentralised applications, and artificial intelligence (AI). It is backed by Microsoft’s venture capital arm M12 and integrates with Microsoft’s Fabric analytics platform.
Related: Forgotten Playland Brings NFTs and Blockchain to Social Gaming on Beam Network
Closing Performance Gaps
Traditional blockchains often struggle with complex and high-performance data processing, while centralised systems pose risks of security breaches and lack transparency. Space and Time is designed to address both issues by combining the reliability of blockchain networks with enterprise-grade data infrastructure.
Rayhaneh Sharif-Askary, Head of Product and Research at Grayscale, said, “Grayscale Space and Time Trust provides investors with access to a project that combines blockchain technology with enterprise-grade data architecture, enabling a wide range of use cases across Web 2.0 and Web 3.0.”
SXT plays a central role in the protocol by supporting staking and facilitating payments for data processing. The Trust is structured similarly to Grayscale’s other single-asset investment vehicles, though it is available exclusively through private placement. There is no guarantee of secondary market approval.
With this launch, Grayscale continues to expand its digital asset offerings in response to rising demand for blockchain infrastructure that can meet the growing needs of AI and Web3.
Related: JPMorgan Files Trademark for ‘JPMD’ Web3 Project, Sparking Stablecoin Speculation
Read more on Crypto News Australia
