What did Space and Time launch for institutional lending?

Space and Time launched “virtual vaults,” a system designed to help institutions manage and verify collateral in onchain lending. These vaults allow lenders and borrowers to track assets backing loans in real time. The goal is to improve transparency and reduce risk in crypto lending markets.

Why are virtual vaults important for crypto lending?

Institutional lenders often struggle to verify collateral across multiple platforms like exchanges and DeFi protocols. Virtual vaults provide continuous, cryptographically verified visibility into that collateral. This helps lenders confirm that loans are properly backed at all times.

How do Space and Time virtual vaults work?

Each vault is customised to a specific lending agreement, including which assets qualify as collateral and where they are held. The system monitors these assets across platforms and triggers alerts if thresholds are breached. This creates a more precise and automated risk management system.

What problem is Space and Time trying to solve?

Traditional solvency metrics in crypto lending can be too generic and slow to update. Space and Time aims to provide real-time, verifiable data so lenders can make faster and more accurate decisions. This is especially important for institutional-scale lending.

Who is backing Space and Time?

Space and Time has support from Microsoft through its venture arm M12, which invested in earlier funding rounds. The company has raised about $50 million in total funding. This backing adds credibility to its infrastructure play.

How does Microsoft fit into the Space and Time ecosystem?

Space and Time has been integrated with Microsoft Fabric, a cloud-based data platform. It is also designated as a Microsoft co-selling solution, meaning it can be offered alongside Microsoft services. This could help drive enterprise adoption.

What is the SXT token and how is it used?

The platform’s native token is SXT, which is used within its ecosystem. It operates across multiple blockchains, including Ethereum and Base. The token also supports use cases like payments for educational programs on the platform.

How large is the Space and Time ecosystem?

According to available data, SXT has around 368,350 token holders and a market capitalisation of about $21.9 million. The platform has also partnered with organisations like Indomobil to onboard users. These metrics indicate early but growing adoption.

Space and Time launches virtual vaults for lending

Written by Jon CuthbertPublished May. 6 2026Last Updated May. 7 2026

Space and Time has launched a virtual vault system designed to support institutional onchain lending with real-time collateral verification.

The platform allows lenders and borrowers to configure agreement-specific vaults that track collateral across centralised exchanges and decentralised finance protocols.

“We built Space and Time so both institutions and onchain protocols could verify the data they act on, and Virtual Vaults are the clearest expression of that yet,”

Said Nate Holiday.

The system aims to address long-standing issues in institutional lending, where traditional solvency metrics have struggled to provide accurate, real-time visibility into collateral.

Backed by Microsoft, Space and Time has raised around $50 million and integrated its technology with Microsoft’s Fabric data platform.

The company said virtual vaults expand its offering into onchain credit by enabling verifiable controls and reporting for institutional-scale operations.

The blockchain’s native token, SXT, is deployed across multiple networks and currently has over 368,000 holders with a market capitalisation of about $21.9 million.