What Happened Elon Musk’s social media platform X, formerly known as Twitter, is set to integrate stock and cryptocurrency trading directly into user feeds. This development, confirmed by Nikita Bier, X’s head of product, will allow users to execute trades immediately after discovering an asset on their timeline through a feature called ‘Smart Cashtags.’ Why It Matters This move marks a significant escalation in Musk’s ambition to transform X into a dominant player in financial technology. The ‘Smart Cashtags’ feature will enable users to interact with ticker symbols in posts, displaying live price charts and offering direct trading options. This integration aims to reduce friction between social media and brokerage applications, potentially accelerating retail investors’ response to market information. What’s Next The rollout of crypto trading tools is expected in the coming weeks, as X prepares to launch its in-house payments system, X Money. Musk envisions X as an ‘everything app,’ where users can manage messaging, social networking, and financial transactions seamlessly. This initiative aligns with trends seen in Asian ‘super apps’ that combine various digital services. Post navigation What We Know About Today’s Stock Market Decline Indian Stock Market Faces Volatility Amid Global Cues and Sectoral Selloff