Grayscale has created a private investment fund focused on the native token of a blockchain-based data platform backed by a leading global exchange and giants such as Microsoft.
The Grayscale Space and Time Trust provides investors direct exposure to the project's SXT token, which aims to enhance database processing by combining blockchain security with traditional data platform performance.
The project, which launched its mainnet in May, seeks to deliver verifiable, transparent, and real-time data solutions suitable for decentralized finance (DeFi), artificial intelligence, and smart contract applications. With robust backing from industry giants Microsoft and MakeInfinite Labs, the initiative targets overcoming performance and transparency limitations present in existing blockchain systems.
Following the fund’s announcement, the token experienced a notable price increase.
