Grayscale has introduced an investment vehicle offering exposure to SXT, the native token of the Space and Time blockchain.

The Grayscale Space and Time Trust is now accessible to eligible individual and institutional investors, according to an announcement made via email on Tuesday.

What to Know:

• Grayscale has launched an investment trust for the SXT token of Space and Time blockchain.
• This blockchain, supported by Microsoft’s venture capital firm M1, operates as a data warehouse for decentralized applications that leverage artificial intelligence (AI) and smart contracts.
• According to the Space and Time Foundations, its network addresses a critical issue where AI and blockchain intersect: the necessity for verifiable data.

“Verifiable data can help ensure trust in the foundational datasets used for applications in AI and smart contracts,” Rayhaneh Sharif-Askary, Grayscale’s Head of Product, stated.

The objective of blockchain-centric AI is to prevent control by a few dominant tech companies, ensuring broader access and equity in the sector.

Investors can gain exposure to this blockchain finance space through Grayscale’s new single-asset trust focused on SXT.