Crypto Grayscale’s asset manager has presented an investment trust that provides SXT exposure, the native token of space and block schedule.
The Space and Time Trust is now available for eligible individual and institutional investors, announced the email asset manager on Tuesday.
Space and Time, backed by Microsoft’s Venture Capital Arm M1, is a data warehouse to admit decentralized applications that use artificial intelligence (AI) and intelligent contracts.
The foundations of space and time say that the network is built to solve the “critical need”, around which AI and blockchain are converging: verifiable data.
“Verifiable data can help ensure that we can trust the underlying data sets used for AI and smart contracts,” said Rayhaneh Sharif-Akary, Grayscale product manager.
The objective of the AI based on blockchain is to prevent the data from controlling a small number of technological giants, which could dominate the industry.
Investing in SXT through its new individual asset trust, Grayscale will provide professional merchants with a means to obtain exposure to this Blockchain Finance sector.
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