Grayscale Shakes Up Crypto With New Space and Time (SXT) Trust—Here’s Why It Matters
Grayscale just dropped a bombshell—and Wall Street's spreadsheet jockeys are scrambling to adjust their models. The digital asset giant unveiled its Space and Time (SXT) Trust today, marking another strategic move into blockchain's bleeding edge.
Decoding the play: This isn't your grandpa's index fund. The SXT Trust targets a niche but explosive sector: decentralized data warehousing and SQL proofs. We're talking about the infrastructure that could make Web3 actually work at scale.
Why now? With institutional adoption accelerating faster than a DeFi exploit, Grayscale's timing feels either brilliant or desperate—depending on which VC you ask at the afterparty. The move comes as traditional finance finally admits blockchain isn't just for buying monkey JPEGs.
The cynical take: Another day, another trust product for wealth managers to slap 2% fees on while retail traders front-run the announcement. But beneath the financial engineering lies something real: crypto's infrastructure stack is maturing fast, and the smart money's positioning accordingly.