🚀 Crypto News: Space and Time (SxT) Labs just raised a $20 million Series A led by Framework Ventures! 💰

🔹 Participating investors: Lightspeed Faction, Arrington Capital, Hivemind Capital, Microsoft’s M12 Ventures, DCG, F-Prime Capital, OKX Ventures, Circle Ventures, Alumni Ventures.

🔹 Total capital raised: $50 million for technical and product development.

🔹 SxT Labs develops Proof of SQL, providing data verification capabilities for smart contracts and companies.

🔹 The startup’s data warehouse enables analysis of blockchain data and centralized databases using SQL.

🔹 As of April 2023, Proof of SQL has processed over 5.3 billion database requests, with 500,000 queries per month.

🔹 The technology has generated $4.5 million in annual revenue and can be indexed on popular chains such as Ethereum, Bitcoin, ZKsync, Polygon, Sui, Aptos, and Sei.

🔹 Pi Square is also developing ZK Circuit for the blockchain payment layer, having just raised $12 million from Polychain Capital.

📈 The future of blockchain is bright! What do you think about this development? Comment below! 👇