X of Elon Musk will allow investment and trading from the platform
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“A commercial and financial ecosystem will arise in X that does not exist today,” says Directive.
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Will Doge or cryptocurrencies incorporate? It is the question and expectation of many.
X, the Elon Musk’s social media platform, will allow its users to make investments and financial transactions directly in the application, as announced by the executive director, Linda Yaccarino.
The company seeks to transform into a “super app” in the style of China Wechat, integrating financial services that cover from daily payments to investment operations.
“You can manage your whole financial life in X,” said Yaccarino in an interview with the British media Financial Times. The executive stressed that users can pay goods, make transfers or invest, consolidating a non -financial commercial and financial ecosystem so far.
The platform has already announced the arrival of X Money, a Wallet and peer payment platform, with visa as an initial partner. The launch is scheduled for the end of 2025 in the United States, with global expansion plans, as cryptoics reported.
Yaccarino also revealed that X Explore launch a credit or debit card, possibly this year. These initiatives are part of Musk’s vision, who acquired the platform in 2022 for 44,000 million dollarsto diversify their functions beyond social networks.
The incursion into financial services generates expectations about the possible integration of cryptocurrencies, such as Dogecoin (Doge), Although the company has not confirmed details. However, this leap to the financial sector will imply facing strict regulations, including licenses and rules against money laundering.
