đ Microsoft-Backed Space and Time Skyrockets as Grayscale Launches SXT Crypto Fund
Grayscale just dropped a bombshellâtheir new SXT crypto fund is sending shockwaves through the market, and Microsoft-backed Space and Time (SXT) is riding the wave.
Why it matters: When the world's largest crypto asset manager takes a position, even the suits on Wall Street pay attention. This isn't just another altcoin pumpâit's institutional validation.
The big picture: Grayscale's track record of picking winners (remember GBTC?) adds rocket fuel to SXT's trajectory. Meanwhile, Microsoft's backing gives it the enterprise cred that separates flash-in-the-pan tokens from real infrastructure plays.
Between the lines: Somewhere in Connecticut, a hedge fund manager is frantically explaining to his LPs why he missed this move while chasing the latest meme coin.
Bottom line: The crypto game just got more interestingâand the traditional finance crowd is once again playing catch-up.