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X Preps Crypto Trading Launch With Payments System Testing

X Preps Crypto Trading Launch With Payments System Testing

X is reportedly set to allow users to trade socks and cryptocurrencies on their timelines.

That’s according to a report Sunday (Feb. 15) from Coindesk, which characterizes this development as part of the Elon Musk-headed social media platform’s widening push into the financial services space.

The new features will include “Smart Cashtags,” the report added, citing comments from Nikita Bier, X’s head of product. These will let users interact with ticker symbols in posts and carry out trades from the app.

As Coindesk noted, the announcement is happening as the company is preparing to launch an external beta of its payments system. Musk said X Money is being tested in-house and will be available to a limited user group within a…

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