Binance Launchpool Launches Crypto Space and Time (SXT) with Support from Microsoft
- Binance Launchpool Introduces Space and Time (SXT) Project
- Microsoft technically supports the launch of the SXT token
- BNB, FDUSD and USDC Staking Starts on May 6th
cryptocurrency exchange Binance has announced its 69th Launchpool project: Space and Time (SXT) Cryptocurrency, an initiative supported by Microsoft. Starting May 6, 2025, users will be able to stake BNB, FDUSD, and USDC to receive SXT rewards. Trading of the SXT token is scheduled to begin on May 8, 2025.
The project reinforces the growing presence of large technology companies in the blockchain sector, expanding the visibility and potential use of stable cryptocurrencies such as FDUSD and USDC. Space and Time's proposal is to offer decentralized data solutions, and Microsoft's entry into this ecosystem reinforces institutional interest in technologies associated with the secure storage and processing of on-chain information.
The BNB token, a key asset in Binance's operations, is likely to gain more utility with the launch of SXT. BNB is currently trading at $597,06, accumulating a 2% appreciation in the last 24 hours and moving around $1,48 billion in that period. The cryptocurrency's market capitalization exceeds $84 billion.
The introduction of Space and Time could spark new capital flows into staking tokens like BNB and further integrate stablecoins into rewards structures. This move also aligns with trends seen in other blockchain projects that have received corporate backing, such as ZK-rollup solutions Scroll and zkSync Era.
Microsoft's direct involvement in this project signals a gradual consolidation of blockchain infrastructure as an integral part of the traditional technology sector, while increasing investor attention to new opportunities to participate in protocols launched by major exchanges.
What is Space and Time (SXT)?
A STX (or more precisely, SXT, as mentioned earlier) is the native cryptocurrency of the project Space and Time, a Web3 data platform that combines blockchain with advanced AI capabilities and zero-knowledge proofs (ZK). Space and Time's main purpose is to provide a decentralized infrastructure for real-time data query and verification, with a focus on integration with smart contracts.
The ticker is SXT.
SXT is the native token of Space and Time, designed to sustain a decentralized, permissionless ecosystem that rewards participants for contributing high-quality datasets, securing cryptographically-tamperproof tables, and delivering sub-second ZK proofs to… pic.twitter.com/OYtPoJoipl
— Space and Time (@SpaceandTimeDB) May 5, 2025
The core technology of the project is the Proof of SQL, considered the first ZK coprocessor optimized specifically for SQL and capable of generating sub-second proofs. This allows smart contracts to query large volumes of data — whether from the blockchain itself, other networks, or even off-chain sources — and receive responses with cryptographic proofs of integrity in the next block.
Additionally, the project offers:
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Verified Web3 APIs: Access hundreds of terabytes of real-time data from blockchains like Ethereum, Bitcoin, Polygon, ZKsync, Sui, and Avalanche.
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Chainlink Integration: to send query results directly on-chain with guarantees of veracity.
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Studio with AI Prompt-to-SQL: using AI to automatically generate SQL queries, data pipelines and dashboards via natural language.
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Scalable infrastructure: supports storage ranging from petabytes to thousands of simultaneous requests, with high performance and a focus on security, encryption and privacy.
The cryptocurrency SXT acts as a fundamental asset within the ecosystem, potentially being used to pay for queries, access platform resources and encourage participation in the network.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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