Meet the Top 101 in Crypto
Blockchain
3 min read

Microsoft SXT LABS Partnership Will Bring Blockchain Insights to Azure OneLake

Published 20 May 2025
Kurt Robson
Authors
Edited by Samantha Dunn
Key Takeaways
  • Space and Time is integrating its blockchain data, secured with zero-knowledge proofs, into Microsoft Fabric.
  • The integration allows developers and enterprises to access tamperproof Bitcoin, Ethereum, and Sui data directly within Microsoft OneLake.
  • SXT Labs’ partnership extended partnership with Microsoft will provide more services with its “Proof of SQL” technology.

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.

Microsoft SXT Blockchain Integration

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.

The Need For Verifiability

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.

$20 Million Funding Round

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.

Kurt Robson

Kurt Robson is a London-based reporter at CCN, specialising in the fast-moving worlds of crypto and emerging technology. He began his career covering local news in Cornwall after graduating from Falmouth University with First Class Honours in Journalism. There, he cut his teeth on everything from council meetings to missing swans.

He quickly rose through the ranks to become a frontline journalist at several of the UK’s leading national newspapers. Over the years, he has interviewed musicians and celebrities, reported from courtrooms and crime scenes, and secured multiple front-page exclusives.

Following the upheaval of the COVID-19 pandemic, Kurt shifted his focus to technology journalism—just ahead of the AI boom. With a natural curiosity and a trained eye for emerging trends, he has found a new rhythm in reporting on innovation.

At CCN, Kurt's work focuses on the cutting edge of crypto, blockchain, AI, and the evolving digital world. Drawing on his background in people-first reporting and his deep interest in disruptive tech, Kurt delivers stories that are insightful, entertaining, and human-centric.

Related

Survey Icon
Help us improve
1 of 4
Is this your first time here?
What brought you here today?
What are you most interested in?
Would you be interested in:
Thank you icon
Thank you for your feedback!
DMCA.com Protection Status