Explore my portfolio mix. Follow to see how I invest! X, formerly known as Twitter, is developing a "super app" with integrated financial services, including payments, shopping, and potentially investments. Here's what's happening:

Financial Services: X is planning to launch a range of financial tools, including peer-to-peer payments, investment options, and credit cards, within its social media platform.

Visa Partnership: X has partnered with Visa to enable payment services, which could make X Money a key component of its financial ecosystem.

Crypto Integration: Although not confirmed, many expect X to support digital assets given Elon Musk's pro-crypto stance and the platform's potential for crypto trading.

Regulatory Challenges: X faces significant regulatory hurdles, including securing money transmitter licenses in every US state and complying with the EU's Digital Services Act.

Competition: X will compete with established players like WeChat, Meta, and Google, but its large user base and Musk's vision give it an edge.