Gate Ventures is excited to announce its strategic investment in Space and Time (SxT) as part of the company’s Series A funding round.
This round marks a significant milestone for SxT and underscores Gate Ventures’ commitment to supporting pioneering technologies within the Web3 and decentralized data ecosystems.
The Series A round, which was publicly disclosed on Tuesday, August 27th, 2024, will further propel SxT’s mission to build and expand decentralized data infrastructure, essential for the future of Web3. The funds raised will be directed towards enhancing SxT’s innovative data platform, which is designed to provide verifiable and trustless data services that power smart contracts and decentralized applications (dApps).
SxT’s Series A comes at a pivotal moment as the demand for secure, scalable, and decentralized data solutions continues to rise. With Gate Ventures’ strategic investment, SxT’s platform, which allows for trustless data verification, is poised to become a cornerstone of Web3 infrastructure, enabling a new era of data integrity and transparency.