Grayscale Launches Trust for Microsoft-Backed Space and Time (SXT) Token
- Grayscale has launched a new trust for SXT, the token of the Space and Time network
- The network is backed by Microsoft and offers verifiable data queries via ‘Proof of SQL’
- The trust gives accredited investors regulated exposure to the enterprise-focused protocol
Grayscale has officially launched the Grayscale Space and Time Trust, creating a regulated investment pathway for exposure to the SXT token.
Announced on June 24, 2025, the new product offers sophisticated investors a way to access the Space and Time network, a decentralized data platform with significant enterprise backing from Microsoft, without the need to purchase, store, or manage the underlying digital asset directly.
What Is the Grayscale Space and Time Trust?
The Grayscale Space and Time Trust is one of the first investment vehicles of its kind, offering indirect exposure to the SXT token through privately placed shares. Investors in the trust gain a security that tracks the market value of SXT, minus fees and expenses.
For now, the product is available exclusively to accredited investors and may not become publicly tradable on secondary markets.
Related: Fidelity and Grayscale L…
The post Grayscale Launches Trust for Microsoft-Backed Space and Time (SXT) Token appeared first on Coin Edition.
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Grayscale Launches Trust for Microsoft-Backed Space and Time (SXT) Token
- Grayscale has launched a new trust for SXT, the token of the Space and Time network
- The network is backed by Microsoft and offers verifiable data queries via ‘Proof of SQL’
- The trust gives accredited investors regulated exposure to the enterprise-focused protocol
Grayscale has officially launched the Grayscale Space and Time Trust, creating a regulated investment pathway for exposure to the SXT token.
Announced on June 24, 2025, the new product offers sophisticated investors a way to access the Space and Time network, a decentralized data platform with significant enterprise backing from Microsoft, without the need to purchase, store, or manage the underlying digital asset directly.
What Is the Grayscale Space and Time Trust?
The Grayscale Space and Time Trust is one of the first investment vehicles of its kind, offering indirect exposure to the SXT token through privately placed shares. Investors in the trust gain a security that tracks the market value of SXT, minus fees and expenses.
For now, the product is available exclusively to accredited investors and may not become publicly tradable on secondary markets.
Related: Fidelity and Grayscale L…
The post Grayscale Launches Trust for Microsoft-Backed Space and Time (SXT) Token appeared first on Coin Edition.
Read More
Nasdaq, S&P 500 Hit Record Highs; Block Joins S&P 500