Musk Continues Ambitions to Make Twitter the ‘Everything App’ with Plans for Crypto Trading
Elon Musk continues to surprise on his path to transforming Twitter into a “Super App” that integrates financial aspects. Earlier this week, the new CEO announced a corporate name change from Twitter Inc to X Corp as a tribute to Musk’s original vision for PayPal.
This morning, the company announced a strategic partnership with eToro, one of the largest social trading companies in the world, which happens to be Israeli. The feature, called Cashtags, allows users to view real-time information on leading stock indices like the S&P 500 through TradingView. To use the feature, simply type the stock symbol with a dollar sign in the search bar, such as TSLA$. With a click of a button, users can also trade stocks and invest in cryptocurrencies on eToro’s financial platform.
In the initial stage, users will be able to view real-time information on leading stock indices such as the S&P 500 via TradingView. The feature, known as Cashtags, requires users to simply enter the stock symbol with a dollar sign at the beginning, such as TSLA$, in the search bar.
With the click of a button, users will also be able to seamlessly transition to executing trades on eToro.
As we have grown tremendously over the past three years, we have seen more and more users turning to Twitter and educating themselves about the markets,” said Yoni Assia, CEO of eToro, to CNBC. “This is particularly high-quality, real-time content, including financial analysis on companies and global events. We believe this partnership will allow us to reach new audiences and connect the eToro and Twitter brands in a positive way.
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