X will now let U.S. users trade via cashtags

X will now allow users to trade from their timelines. The Elon Musk-owned social network on Wednesday launched a feature called Cashtag that will let U.S. users on X place stock trades via participating brokerages. Initial partners on the effort include Interactive Brokers, Moomoo, Gemini, Kraken, and Coinbase.
The move takes advantage of what users on X have been doing for years: talking about stocks and, in more recent years, crypto. In 2008, the financial platform StockTwits even came up with the idea for X-precursor Twitter’s Cashtags, which placed a dollar sign ($) in front of stock ticker symbols to make market conversations easy to find and reference.
However, those Cashtags were about tracking the conversations around a particular stock, not actually trading them. Now that X has moved into the financial space with X Money, that’s changed.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in