Binance Launches Microsoft-Backed Space and Time on Launchpool

Binance introduces Space and Time (SXT) on Launchpool, with Microsoft backing for blockchain data solutions.

Binance Launches Microsoft-Backed Space and Time on Launchpool
Key Points:

  • Binance announces Space and Time on Launchpool.
  • Staking begins on May 6, 2025.
  • Microsoft supports the blockchain venture.

binance-launches-microsoft-backed-space-and-time-on-launchpool
Binance Launches Microsoft-Backed Space and Time on Launchpool

Binance officially introduced Space and Time (SXT) on its Launchpool platform on May 5, 2025, with staking beginning May 6, 2025, at 00:00 UTC.

The announcement highlights Binance’s ongoing innovation with Launchpool, supported by Microsoft backing Space and Time’s blockchain analytics technology.

Binance has added Space and Time (SXT) as its 69th Launchpool project, offering decentralized data solutions. Staking begins May 6, 2025. Binance’s involvement alongside Microsoft signifies a strong technological alliance.

“We are excited to introduce Space and Time as our 69th Launchpool project, showcasing innovation in decentralized data solutions.” – Changpeng Zhao, CEO, Binance, Binance Announcement

Space and Time’s blockchain project involves Microsoft, integrating technology as a decentralized data warehouse. Binance announced SXT’s listing to enhance its Launchpool offerings from May 8, 2025, at 13:00 UTC.

The integration of Space and Time into Binance’s Launchpool may boost investor interest, given its technological backing. Staking involves BNB, FDUSD, or USDC for SXT over two days.

Space and Time utilizes zero-knowledge proofs. The blockchain project combines tamperproof data with analytics, appealing to both Web3 initiatives and traditional businesses. The project’s focus could pioneer blockchain-based data solutions.

The integration of such decentralized data systems signifies potential advancements in blockchain technology. Market reactions to Microsoft’s involvement are anticipated. The financial community may focus on token performance post-launch. Historical trends from prior Binance Launchpool projects provide insight into SXT’s potential.

More From Crypto News

SideSwap Reopens Liquid Markets; L-BTC Redemptions Still Paused
Crypto News

SideSwap Reopens Liquid Markets; L-BTC Redemptions Still Paused

SideSwap says its Liquid markets reopened on September 10, 2026, after Liquid resumed block production, but L-BTC redemptions into Bitcoin remain suspended whil...

Sep 12, 20264 min read
US House Panel Sets Sept. 16 Crypto Tax Rules Markup
Crypto News

US House Panel Sets Sept. 16 Crypto Tax Rules Markup

The US House Ways and Means Committee has reportedly set a September 16 markup for crypto tax rules, though no official notice confirms the date. What is docume...

Sep 12, 20264 min read
U.S. Bank Tests USBDC Cross-Border Transfers on Stellar
Crypto News

U.S. Bank Tests USBDC Cross-Border Transfers on Stellar

The named asset in the test is USBDC, and the named settlement rail is the public Stellar network . The trial evaluates whether the bank can move that stablecoi...

Sep 12, 20263 min read
Kalshi Seeks US Approval for Single-Stock Perpetual Futures
Crypto News

Kalshi Seeks US Approval for Single-Stock Perpetual Futures

Kalshi is seeking US approval for single-stock perpetual futures tied to Tesla, Apple, and Nvidia, extending the prediction-market operator’s push into perpetua...

Sep 12, 20263 min read
Cantor Doubles Bitmine Price Target to $63.60
Crypto News

Cantor Doubles Bitmine Price Target to $63.60

Cantor Fitzgerald has doubled its Bitmine price target to $63. 60, framing the company’s Ethereum treasury strategy as a maturing investment proposition, the ne...

Sep 12, 20263 min read
Circle’s EURC Goes Live on Upbit in South Korea
Crypto News

Circle’s EURC Goes Live on Upbit in South Korea

The report identifies three things: the asset is EURC, the platform is Upbit, and the market is South Korea. A single source, Crypto Briefing, reported the list...

Sep 12, 20263 min read
shark

Author

shark

Read more CoinLive coverage and analysis from shark.