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

2025-07-09 23:58:42

Main Idea

Grayscale Crypto Index has added Space and Time (SXT) to its portfolio, signaling confidence in decentralized data solutions and the growth potential of Web3 infrastructure.

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.

Description

In the dynamic and ever-evolving world of digital assets, institutional movements often signal significant shifts and emerging trends. Grayscale Investments, a titan in the cryptocurrency investment space, has once again captured the market’s attention with its latest strategic update. As part of its June quarterly rebalance, Grayscale announced a pivotal addition to its Crypto Sectors Index: Space and Time (SXT). This move is more than just a portfolio adjustment; it’s a powerful endorsement of...

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Tags:
Crypto News BLOCKCHAIN crypto-index Grayscale Space and Time Web3
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