Grayscale Crypto Index Makes Strategic Move: Adds Space and Time (SXT)

Key Points

1. Grayscale Crypto Index's inclusion of Space and Time (SXT) is a strategic endorsement of decentralized data solutions and Web3 infrastructure.

2. Space and Time (SXT) provides tamper-proof, blockchain-verified data and computation, addressing challenges in decentralized applications with its Proof of SQL technology.

3. SXT's addition to the Utilities & Services sector alongside projects like Chainlink, The Graph, and Filecoin highlights its role in foundational Web3 infrastructure.

4. The inclusion signifies Grayscale's confidence in the long-term viability of decentralized data solutions, offering investors diversified exposure to this growing sector.

5. Decentralized data solutions are accelerating, with SXT's entry underscoring the importance of verifiable data warehouses in enabling complex, data-rich Web3 applications.