X to Enable Direct Crypto and Stock Trading via New Smart Cashtags Feature

X to Enable Direct Crypto and Stock Trading via New Smart Cashtags Feature

X plans to launch an external beta for its X Money payments system within two months, complementing upcoming features that allow direct stock and crypto trading on the platform.

Fact Check
Multiple credible and relevant news outlets and industry reports consistently describe an announcement from X's head of product, Nikita Bier, about a planned Smart Cashtags feature. These reports indicate the functionality will allow tagging of cryptocurrencies and stocks in posts, displaying live price data, and enabling direct financial transactions or trading from within the platform. Authorities such as Forbes and Yahoo Finance are cited, and even secondary sources tie the feature to financial integration within X's environment. The tone and details across the sources are consistent, supporting the claim that this is an official plan rather than speculation. Historical context about cashtags aids credibility by showing this builds upon X's already established asset tagging framework. While some mentions focus more on tagging and price display rather than explicit transaction capability, the primary, high-authority reports directly link Smart Cashtags to enabling crypto and stock trading, making the evidence more supportive than contradictory. There is minimal conflicting information, and no credible source has denied the functionality, so the probability of truth is high.
Summary

X Product Lead Nikita Bier confirmed plans to enable direct stock and cryptocurrency trading via "Smart Cashtags," allowing users to execute trades within the app. The company is also preparing to launch an external beta for "X Money," its in-house payments system, within one to two months. These moves aim to transition X into a comprehensive "everything app" incorporating financial services.

Terms & Concepts
  • Smart Cashtags: An upcoming feature on X enabling direct trading of stocks and cryptocurrencies through the platform's timeline interface.
  • X Money: X's upcoming in-house payments system designed to facilitate peer-to-peer transactions and financial services within the app.
  • TradingView: A charting platform and social network used by traders and investors to analyze financial markets, often integrated into third-party apps.