Grayscale’s Space and Time Trust: A Bold Bet on the Data Infrastructure Gold Rush

Wall Street's crypto darling just doubled down on the next big thing—and it's not Bitcoin.

Grayscale, the $50B digital asset behemoth, just launched its Space and Time Trust as institutional investors scramble for exposure to Web3's plumbing. Because nothing says 'moon mission' like betting on the pickaxes.

The Data Infrastructure Play

Forget trading desks—the real money's in building the decentralized data highways powering everything from DeFi to AI. Grayscale's move taps into the 300% surge in blockchain data queries since 2023, as enterprises finally realize their 'transformative Web3 strategies' need actual infrastructure.

Why This Matters

This isn't your crypto hedge fund's volatility play. The Trust targets the boring-but-critical middleware layer—the Oracle 2.0 stack that could finally make smart contracts enterprise-grade. Or at least give VCs something new to pitch after their NFT portfolios cratered.

The Bottom Line

Grayscale's playing the long game while retail traders chase memecoins. Because in crypto, the surest profits still come from selling shovels in a gold rush—especially when you're charging 2% management fees for the privilege.

Why Grayscale opened a Trust for Space and Time

Space and Time offers a decentralized database where smart contracts can securely access on-chain, off-chain, and cross-chain data.

The platform indexes data from blockchain networks like Ethereum, Bitcoin, and Sui, making it available through a decentralized network of validators. The goal is to bring transparency, speed, and integrity to data-driven applications across DeFi, AI, and beyond.

The protocol offers a zero-knowledge (ZK)-verified data LAYER that supports complex, cross-chain queries. Its architecture enables smart contracts to access historical, off-chain, and multi-network data securely.

Crypto developers can use the platform’s Proof of SQL engine, a sub-second ZK coprocessor, to retrieve data alongside cryptographic guarantees. This allows applications to fetch verified data almost instantly, without trusting a central party.

Rayhaneh Sharif-Askary, Grayscale’s Head of Product and Research, explained that the project is designed to fill a critical gap in blockchain architecture.

According to her, it is a timely innovation in the evolving data landscape and decentralized computing. She emphasized the project’s focus on verifiable data as a key enabler for trustworthy AI models and smart contract execution.

She said:

“As we enter the next age of computing, transparency is paramount…[Space and Time] is a project that combines blockchain technology with enterprise-grade data architecture, enabling a wide range of use cases across Web 2.0 and Web 3.0.”