Grayscale just dropped a surprise — and it’s aimed at a project that’s quietly building in the background.
They’ve unveiled a brand-new fund focused on the SXT native token of Space and Time, a decentralized data platform backed by Microsoft.

Let’s unpack why this could be a big deal 👇

🔍 What Happened

According to CoinDesk, Grayscale has launched a single-asset fund dedicated to SXT, the native token of the Space and Time blockchain — a platform that merges off-chain data storage with on-chain verifiability using decentralized oracles and zero-knowledge proofs.

The project is also notably supported by Microsoft, giving it big tech credibility in a sea of experimental Web3 infrastructure plays.

Grayscale’s fund will offer accredited investors direct exposure to SXT, which may later evolve into a full-scale ETF or broader retail product — depending on regulation.

💡 Why It Matters

This isn’t just another token fund. It marks:

• A shift toward decentralized data solutions

• Grayscale’s diversification beyond BTC/ETH

• More institutional interest in Web3 infrastructure, not just coins

With Microsoft involved, SXT has potential to play a critical role in bridging Web2 and Web3 through enterprise-level blockchain tooling. This fund brings liquidity and legitimacy to that vision.

And let’s not forget: Grayscale has been a bellwether for major crypto investment trends. When they move, others usually follow.