Grayscale, one of the biggest names in digital asset investment, announced on Tuesday the launch of the Grayscale Space and Time Trust — a new investment vehicle providing exposure to SXT, the native token of the Space and Time protocol.
According to Rayhaneh Sharif-Askary, Head of Product and Research at Grayscale, the trust gives investors a unique chance to access a project that “bridges enterprise-grade data platforms with the benefits of blockchain technology”, making it highly relevant for both Web 2.0 and Web 3.0 ecosystems.
Space and Time: The Blockchain Powering AI and DeFi
Developed by MakeInfinite Labs and backed by Microsoft, Space and Time operates a decentralized, permissionless mainnet launched in May. Its mission is to combine the decentralization of blockchains with the speed and scalability of traditional data platforms — a breakthrough for developers in fields like decentralized finance (DeFi) and artificial intelligence (AI).
The Space and Time protocol aims to solve long-standing industry challenges related to data provenance, integrity, and auditability, making it ideal for enterprise use cases that require highly reliable data.
A New Opportunity for Accredited Investors
The Space and Time Trust is available for daily subscription, granting access to accredited individual and institutional investors. According to the company’s official release, this initiative allows qualified investors to gain exposure to a growing area of the digital economy.
Strong Market Response for SXT Token
Shortly after the announcement, the SXT token saw a 3.25% rise, reaching $0.07551 in early Wednesday trading, based on data from PRIME. This price action reflects rising interest in Space and Time and its long‑term potential as a vital infrastructure player for next‑generation decentralized applications.