Space and Time rolls out virtual vaults for institutional onchain lending
Space and Time (SXT), a Microsoft-backed data blockchain, launched virtual vaults for institutional onchain lending. The platform enables lenders and borrowers to configure agreement-specific collateral solutions with real-time cryptographic verification across centralized and decentralized venues. This addresses institutional lending's long-standing challenge of verifying collateral at scale. SXT raised $50 million total; the token currently has $21.92 million market cap.
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