At the Build developer conference, Microsoft announced the integration of Bitcoin, Ethereum, and Sui blockchain data into its Fabric analytics platform, enhancing data processing and transaction analysis.
Integration of Blockchains in Microsoft Fabric
Microsoft announced at the Build conference the integration of Space and Time's indexed blockchain data into the Fabric platform. This update allows enterprises to access data from Bitcoin, Ethereum, and Sui directly within Fabric, streamlining the analysis of transactions and smart contract activity.
Funding of Space and Time
Space and Time, a blockchain data firm backed by Microsoft’s venture arm M12, secured $20 million in a Series A funding round in August 2024, valuing the company at $300 million.
Sui Network Dynamics and Cultural Influence
Sui Network, a layer-1 blockchain, recorded $83.4 million in stablecoin inflows over 24 hours preceding the announcement. The network also introduced $ASH, a meme coin blending elements of Pokémon and referencing the Bitcoin creator.
The integration of blockchain data into Microsoft Fabric reflects the growing trends in the use of blockchain technologies in business analytics, further increasing interest in Sui Network and similar platforms.
