The Financial Times reported on Thursday that Elon Musk’s X is stepping up efforts to turn the social media platform into “everything app.”
The platform, formerly known as Twitter, will “quickly” allow users to invest or trade on the platform, CEO Linda Yaccarino Tell the newspaper during the interview At the Cannes Lions Advertising Festival.
“Low, you will be able to live your entire financial life on the platform,” Yaccarino Say on the panel of the same eventlists peer-to-peer (P2P) payments, storage value, paid creators, or viewing pay-per-view (PPV) events as examples.
x Work with Visa to develop “X Money” Earlier this year it was a digital wallet and P2P payment service. This is a part of Musk’s ambitiousness to turn X into a super app, similar to China WeChat, which offers many retail and financial services as well as messaging.
Elon Musk has been closely linked to cryptocurrency due to his love for Memecoin Doge and 11,500 BTC ($1.2 billion). His tram maker Tesla.
Therefore, crypto observers would think that any plan Musk can provide financial services to X may involve some form of cryptocurrency.
X did not immediately respond to Coindesk’s request for comment.
