The upcoming Smart Cashtags feature on the X social media platform will allow users to trade stocks and crypto directly within the application, according to Nikita Bier, X’s head of product. Bier announced the rollout of Smart Cashtags in January, teasing in-app trading possibilities, but no official confirmation was provided. The X platform introduced a basic Cashtag system in 2022 that tracked the prices of major stocks and cryptocurrencies but was later discontinued. Cointelegraph reached out to X about the feature, but did not receive a response. The integration of in-app trading brings X closer to Elon Musk’s goal of becoming an “everything app,” similar to WeChat in China.

Elon Musk provided an update on the launch timeline of X Money, the platform’s payments feature that will allow users to send money to each other, similar to Venmo or Cash App. Speaking at his AI company xAI’s “All Hands” presentation, Musk mentioned that the X Money feature is currently in a limited beta testing phase, with a worldwide rollout planned after the testing phase concludes. The X platform has about 600 million average monthly users, and Musk envisions it as the central source of all monetary transactions. Cointelegraph is committed to independent, transparent journalism and providing accurate and timely information.

Read more at Coin Telegraph: In-App Trading coming to X in a ‘Couple’ of Weeks