🚀 Elon Musk’s X to roll out in-app trading and investing features in line with super app ambitions: FT
Elon Musk’s X plans to let users trade and invest 💸📈 directly inside the social-media app, broadening a payments push that already includes a Visa-backed 💳 digital wallet.
The new features will cover investments and trading 📊, and could include a branded debit or credit card 💳✨, according to The Financial Times. The in-app services will roll out first in the United States 🇺🇸under the X Money banner, a wallet the company announced in January when it partnered with Visa to enable real-time transfers between bank accounts and in-app digital wallets 📱.
While Yaccarino did not specify asset classes or mention crypto 🪙, the platform already supports tipping with Bitcoin’s Lightning Network ⚡ and displays real-time crypto prices via $Cashtags 💲. Visa has also partnered with several crypto service providers to power payments, suggesting that X’s latest rollout may include blockchain-based currencies 🔐.
Musk has pursued an “everything-app” vision 🌐 since he bought then-Twitter for $44 billion 💰 in 2022. The company has secured money-transmitter licenses ✅ in several U.S. states and aims to win approval in all 50 🗺️ for a broader push into financial services 🏦.
