Grayscale Launches the Grayscale Space and Time Trust

TL;DR

• Digital asset investment firm Grayscale has launched an investment trust focused on Space and Time’s SXT token.

• Space and Time launched its mainnet last month.

Grayscale Space and Time Trust is Now Live

Digital currency investment firm Grayscale has announced the launch of the Grayscale Space and Time Trust, a new vehicle offering exposure to SXT, the native token of the Space and Time blockchain protocol.

While commenting on this latest development, 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."

Space and Time launched its mainnet last month. It is a blockchain focused on building verifiable, real-time database processing for smart contracts, artificial intelligence, and decentralized applications. 

MakeInfinite Labs, the team behind Space and Time, seeks to use the protocol to address limitations of existing blockchains by combining their decentralization with the performance of legacy data platforms. 

Grayscale added that the Space and Time Trust is available for daily subscription by eligible individuals and institutional accredited investors. The SXT token is currently up 3% in the last 24 hours and now trades at $0.07540.