X Launches Smart Cashtags for Stocks and Crypto in US, Canada
CMC Crypto News

X Launches Smart Cashtags for Stocks and Crypto in US, Canada

2 Minuten
22 hours ago

Tapping a cashtag displays real-time price charts and related posts without leaving the platform.

X Launches Smart Cashtags for Stocks and Crypto in US, Canada

Inhaltsverzeichnis

Crypto News

X has launched a smart cashtag feature for iPhone users in the United States and Canada, allowing them to view live stock and cryptocurrency price data directly inside the app. Tapping a cashtag displays real-time price charts and related posts without leaving the platform.

Canadian users will also be able to trade stocks and crypto through a partnership between X and Wealthsimple, an online brokerage. The trading feature has not yet been made available to users in the United States.

X head of product Nikita Bier said on Tuesday that cashtags are "just the first step in our commitment to be the best destination for the finance and crypto community." Bier also confirmed that a rollout for web and Android devices, along with a broader global release, is planned for the near future.

The feature lets users select a specific asset or smart contract address when posting a ticker symbol. Bier had hinted at an incoming crypto-related product launch less than a day before the announcement, prompting speculation across the platform.

The launch is part of Elon Musk's broader push to turn X into an everything app covering messaging, social networking, peer-to-peer payments, and e-commerce. Musk previously said X Money, a peer-to-peer payments feature with yield-bearing accounts and a cashback debit card, would launch in April.

Tat Thang, a partner at prediction platform Polymarket, argued that X is building a Web3 equivalent of WeChat Pay, the payments system embedded in China's WeChat app. He said crypto transaction fees could become a key revenue driver for Musk's ambitions, since person-to-person fiat transfers carry zero margin and subscription revenue can fluctuate.

Thang also cited X's hiring of Bier, a SOL advisor, and Benji Taylor, former head of design at Base, alongside a recent removal of crypto bots from the platform. He described the bot purge as a compliance requirement before deploying consumer financial products, saying the platform needed to be clean before a native wallet or trading terminal could be introduced. The move puts X in line with a broader industry trend, with Coinbase having announced its own super app ambitions in July 2025.

This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice. The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap.
0 people liked this article