X Plans ‘Smart Cashtags’ to Link Crypto and Stock Tickers to Live Prices

Elon Musk’s X app is processing a caller diagnostic called Smart Cashtags that volition nexus ticker symbols successful posts to real-time fiscal data.

The diagnostic volition let users to specify circumstantial assets, specified arsenic stocks and crypto, erstwhile posting cashtags similar $BTC oregon $NVDA, according to a Sunday post by the company’s caput of product, Nikita Bier. 

Tapping a Smart Cashtag volition unfastened an in-app leafage showing unrecorded prices, terms changes, charts, and posts mentioning the asset.

X said the instrumentality is designed to trim ambiguity astir tickers and astute contracts, peculiarly successful crypto markets wherever symbols tin overlap. In immoderate cases, assets volition beryllium identified by their underlying astute declaration addresses.

Bier said X plans to cod idiosyncratic feedback up of a nationalist merchandise targeted for adjacent month. The institution did not disclose whether the diagnostic would see trading oregon monetisation components.

The determination reflects X’s broader effort to presumption the level arsenic a real-time root of fiscal information, arsenic users progressively sermon markets and trading enactment connected the platform.

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Musk has repeatedly said helium wants to crook X into an “everything app,” including payments and fiscal services, and has antecedently floated the thought of supporting cryptocurrencies connected the platform, portion stopping short of confirming whether integer assets specified arsenic Dogecoin, his preferred meme coin, would beryllium integrated into immoderate aboriginal payments product.

X’s erstwhile CEO, Linda Yaccarino, besides announced successful June that the level would enactment in-app investing and trading. A period later, she resigned.

Further announcements regarding an nonstop timeline of that feature’s rollout person not been provided. X Corp did not instantly respond to Decrypt’s petition for comment.

Bier joined X astir the aforesaid clip arsenic Yaccarino’s departure, and is an advisor to Solana and a task spouse astatine Lightspeed Venture Partners. He antecedently held roles astatine xAI and Meta wrong a part that built experimental, consumer-facing apps.