Updated on:12/29/2025 06:43 PM 
In a strategic move reflecting the expanding intersection of blockchain technology and data infrastructure, Grayscale has introduced its latest single-asset investment vehicle dedicated to the Space and Time (SXT) token, as revealed in an official announcement on June 24.
The newly established Space and Time Trust provides qualified investors with direct access to one of the cryptocurrency industry's most promising data infrastructure projects. Both individual and institutional investors now have the opportunity to participate in this innovative fund through daily subscription options, making blockchain data solutions more accessible than ever before.
Backed by technology giant Microsoft, the Space and Time protocol represents a pioneering effort to combine decentralized network architecture with sophisticated enterprise-level data processing capabilities. Grayscale's decision to launch a dedicated fund for this project underscores the increasing confidence from institutional players in the long-term potential of blockchain-based data solutions. This significant development follows closely on the heels of Space and Time's successful public mainnet launch in May.
Market response to the announcement has been overwhelmingly positive, with the SXT token experiencing a remarkable surge of over 15% in value, reaching $0.075 at the time of reporting, according to data from CryptoSlate.
Space and Time has positioned itself as a revolutionary decentralized database platform that enables smart contracts to securely interact with on-chain, off-chain, and cross-chain data sources. This comprehensive approach to data accessibility represents a significant advancement in blockchain technology's capabilities.
The platform systematically indexes and processes data from leading blockchain networks including Ethereum, Bitcoin, and Sui, distributing this information across a decentralized network of validators. The fundamental objective is to deliver unprecedented levels of transparency, processing speed, and data integrity to applications operating across decentralized finance (DeFi), artificial intelligence (AI), and numerous other sectors.
At the core of Space and Time's innovation is its zero-knowledge (ZK)-verified data layer, which supports complex, cross-chain queries without compromising security. The protocol's sophisticated architecture empowers smart contracts to securely access historical data, off-chain information, and multi-network resources.
For cryptocurrency developers, the platform offers a revolutionary Proof of SQL engine—a sub-second ZK coprocessor that facilitates rapid data retrieval with cryptographic guarantees. This breakthrough technology allows applications to access verified data almost instantaneously, eliminating the need to trust centralized intermediaries.
Rayhaneh Sharif-Askary, Head of Product and Research at Grayscale, provided valuable insights into the strategic importance of this initiative, explaining that the Space and Time protocol addresses a critical gap in current blockchain architecture.
According to Sharif-Askary, "Space and Time represents a timely innovation in the evolving data landscape and decentralized computing ecosystem. We've identified verifiable data as the cornerstone for building trustworthy AI models and ensuring reliable smart contract execution in an increasingly complex digital environment."
She emphasized that this new investment vehicle from Grayscale aims to capitalize on the growing demand for robust, secure data solutions that can bridge the gap between traditional enterprise requirements and blockchain technology's decentralized promise.
