Elon Musk’s X is planning to roll out Smart Cashtags that let users execute cryptocurrency and stock trades by clicking ticker symbols in timelines. The feature is part of X’s strategy to expand into financial services, moving beyond social networking to a broader fintech platform.

X is also preparing an external beta for X Money, the platform’s own payment system, with internal testing underway. Musk has described X as an all-in-one platform for messaging, posts, remittance, and investments, signaling a major shift toward financial services.

Tesla and SpaceX have long invested in crypto. Tesla currently holds 11,509 BTC, having sold part of its initial 42,300 BTC stake. SpaceX holds 8,285 BTC. Musk has consistently supported the meme-inspired Dogecoin (DOGE), with SpaceX previously noting DOGE acceptance and even the possibility of sending DOGE to the Moon.

Follow NOW

Leave a Reply

More Articles

follow now

Trending

Discover more from Rich by Coin

Subscribe now to keep reading and get access to the full archive.

Continue reading