Elon Musk's X to launch crypto and stock trading in ‘couple weeks’
X plans to launch crypto and stock trading features, including "Smart Cashtags," within a couple of weeks.Summary
Elon Musk's social media platform X is preparing to integrate direct trading of stocks and cryptocurrencies into the app, according to Nikita Bier, the company's head of product. These new features will include "Smart Cashtags," allowing users to interact with ticker symbols in posts and execute trades directly within X. This move is part of X's broader strategy to become an "everything app" for messaging, posting, sending money, and investing. The platform is also preparing an external beta launch for X Money, its in-house payments system, which is already in internal testing. Musk has previously involved his companies, like Tesla and SpaceX, with cryptocurrencies, holding significant amounts of Bitcoin and showing support for Dogecoin.
(Source：CoinDesk)