Space and Time (SXT) Labs, backed by Microsoft, announced on Tuesday, May 20, that its blockchain data will be integrated into Microsoft Fabric, the tech giant’s data analytics platform.
This partnership will allow developers to access verifiable blockchain data from Bitcoin, Sui, and Ethereum directly within Microsoft OneLake.
The integration is designed to simplify access to blockchain data within Microsoft Fabric, providing an efficient solution for enterprises to harness insights from on-chain activity directly within their applications.
SXT Labs indexes major blockchains and verifies the data using zero-knowledge (ZK) proofs, a form of cryptographic verification.
This ensures that blockchain data accessed through the platform is secure and tamperproof.
As a result, services such as Web3 applications and financial tools can confidently build on verified data.
“We’re thrilled to expand our collaboration with Microsoft to provide verifiable blockchain data to enterprises, institutions, and developers building on Fabric,” said Nate Holiday, CEO of Space and Time Labs.
AI systems are only as reliable as the data they are trained on.
If the underlying data is flawed or manipulated, AI can make poor decisions, especially in sectors like finance and security.
SXT Labs addresses this issue by merging on-chain and off-chain data into a unified environment for fast, reliable analytics.
Central to its platform is a technology called Proof of SQL, which uses zero-knowledge proofs to validate the data and the queries applied.
“Our indexer is uniquely verifiable and powered by zero-knowledge technology, so analysts and developers can trust that they’re accessing comprehensive, accurate, and tamperproof blockchain data,” said Stephen Hilton, Head of Solutions at Space and Time.
“Proof of SQL effectively transforms any centralized database into a verifiable one,” he added.
In August, Space and Time closed a $20 million Series A funding round, bringing its total funding to $50 million.
The round was led by Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital.
At the time, Holiday stressed the importance of data verifiability in an increasingly AI-driven world.
“We’re moving into an AI-powered era, where it becomes difficult to distinguish what’s been generated by a person, a company, or an AI system,” he told Fortune .
“We believe it’s crucial to be at the center of this shift, ensuring that applications built in this new world—powered by Space and Time—have verifiability, trust, and transparency,” Holiday added.