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Grayscale® Launches Grayscale® Space and Time Trust
Globenewswire· 2025-06-24 13:00
Core Insights - Grayscale has launched the Grayscale Space and Time Trust, aimed at providing investors access to the SXT token, which is integral to the Space and Time network [1][6]. Group 1: Company Overview - Grayscale is the largest digital asset-focused investment platform globally, established in 2013, with a decade of experience in the digital economy [13]. - The company offers a range of investment products, including single asset, diversified, and thematic exposure to digital assets [13]. Group 2: Product Details - The Space and Time Trust allows eligible individual and institutional accredited investors to subscribe daily, functioning similarly to Grayscale's other single-asset investment trusts [7]. - The Trust is solely invested in the SXT token, which secures the network through staking and facilitates data processing payments [6][7]. Group 3: Technology and Market Position - Space and Time is a blockchain designed for verifiable, real-time database processing, catering to the needs of Web 3.0 and AI applications [2]. - It aims to combine the reliability of blockchain with the performance of traditional data platforms, addressing limitations of both [4]. - The technology is crucial for decentralized finance and AI, emphasizing the importance of verifiable data integrity and auditability [4][5].