Microsoft-Backed Space and Time Surges as Grayscale Debuts SXT Crypto Fund

In brief

  • Crypto-focused asset manager Grayscale unveiled its Space and Time (SXT) Trust on Tuesday.
  • The Trust will give investors exposure to the Space and Time blockchain’s native token, SXT.
  • The price of SXT is up 16% over the last day.

Cryptocurrency-focused asset manager Grayscale unveiled its Space and Time Trust on Tuesday, adding to the list of crypto-centric investment products offered by issuers trying to address surging demand. 

The Trust provides exposure to the Space and Time blockchain’s native token, SXT, Grayscale said Tuesday in a statement. 

Space and Time is a layer-1 blockchain that aims to provide real-time database processing for smart contracts, decentralized applications and artificial intelligence tools,…

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