Microsoft Throws Weight Behind SXT Coin in Strategic Crypto Play

Tech giant bets on blockchain upstart—because nothing says ’innovation’ like a legacy player chasing decentralized cred.

Redmond’s surprise move sends SXT price soaring 47% in pre-market trading. Analysts scramble to update PowerPoint decks.

Partnership details remain vague—but expect plenty of ’synergy’ buzzwords and at least one metaverse demo by Q3.

Meanwhile in traditional finance: Goldman Sachs announces new blockchain ETF... with 2.5% management fees, naturally.

Microsoft and SXT Coin

Through an integration announced at Microsoft’s Build conference, real-time access to blockchain data will be possible across the Microsoft Fabric ecosystem. This access is facilitated by a partnership with Space and Time (SXT).

Space & Time indexes network data through its decentralized database, utilizing zero-knowledge proofs. Previously, Microsoft’s venture capital arm M12 participated in the project’s initial investment round, making it an early investor in this initiative.

, Co-Founder of Space and Time, expressed enthusiasm about the collaboration;

“We are excited to expand our partnership with Microsoft to provide verifiable blockchain data to institutions, enterprises, and developers working on Fabric. This integration enables the construction of numerous new use cases in financial services, Web3 applications, and artificial intelligence on Microsoft technology.”

For blockchain data streaming, Microsoft will support Bitcoin$104,936, Sui, and Ethereum$2,501 through this partnership.

, Chief Product Officer of Microsoft Fabric, commented;

“Integrating Space and Time with Microsoft Fabric not only enhances our ability to provide reliable data to developers and institutions, but also aligns with our mission to democratize technology across various industries, including Web3. This integration emphasizes our commitment to providing tools that boost productivity and foster innovation on a global scale.”