Microsoft has announced a significant development in its Web3 strategy by integrating real-time blockchain data streams into its Fabric analytics platform, in partnership with Space and Time (SXT). Following the announcement, the SXT token saw a price increase of approximately 10%, rising from $0.106 to $0.117.

This collaboration marks Microsoft Fabric’s first integration with a Web3 data provider. Through this partnership, developers leveraging Microsoft Azure OneLake can now access on-chain data from leading blockchain networks, including Bitcoin, Ethereum, and Sui. This capability enhances real-time analytics and insight generation for enterprise applications.

Space and Time, a decentralized data warehouse platform, enables secure and verifiable querying of blockchain data. Its infrastructure incorporates zero-knowledge proofs and a high-speed engine called “Proof of SQL,” allowing developers to query SQL data with sub-second processing times. The platform ensures data integrity through validator databases distributed across a decentralized network.

Microsoft’s venture capital division, M12, previously led Space and Time’s strategic investment round in 2022, following participation in its $20 million Series A funding round.

According to Space and Time CEO Nate Holiday, the integration with Microsoft Fabric is not based on a commercial agreement, with no financial exchange between the two parties. Microsoft has positioned Space and Time as a direct product partner, reflecting the strategic importance of the collaboration.

Sruly Taber, Product Manager at Microsoft Fabric, highlighted that the integration supports the company’s broader vision to embed Web3 capabilities across diverse sectors by providing developers with highly reliable, verifiable data.

As of the latest market data, the $SXT token is trading at approximately $0.115, reflecting sustained investor interest following the integration announcement.

#SXTAnalysis #SXTcoin #MerlinTradingCompetition #BTCNextATH #Write2Earn