The Space and Time Crypto coin increased by 30% overnight. The sudden surge came after yesterday’s news that the project’s data would be embedded into Microsoft Fabric.
SXT Labs has the backing of M12, the tech giant’s investment wing. When combined with the fabric, Microsoft’s core developer will count on fast and agile data streams on BTC, ETH, and SUI.
The Space and Time Labs, the development cell behind the Proof of SQL blockchain, said the data would be integrated into the MS Fabric.
In a recent press meeting about this topic, the CEO, Nate Holiday, expressed eagerness about the scope and possibilities unlocked by the new integration of developers of multiple applications for personal and business usage.
In the same press meeting, Microsoft Fabric’s Main Product Manager, Sruly Taber, highlighted that the integration will make data access easier. Now, institutions, organizations, and indie developers can ease data access.
Effect of The Collaboration
The collaboration explores the clinical relationship between Space and Time and Microsoft. The venture capital fund, called M12 participated in the $20 million worth Series-A funding for Space and Time, which followed the strategic round of 2022.
Space and Time crypto gained more than 30% in a day after the full announcement of the Microsoft collaboration. SXT is currently priced at $0.139. The token’s market cap is $694 million. CoinGecko says it occupies the 242nd spot on the list of top digital assets.
