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X says cashtags pilot drove $1B in trading volume days after launch

Crypto Briefing
X's new cashtags feature has facilitated $1 billion in global trading volume shortly after its recent launch.

Summary

X announced that its new cashtags pilot, launched for iPhone users in the US and Canada, has generated approximately $1 billion in global trading volume in just a few days. The feature allows users to search for stocks or cryptocurrencies and view live price data directly within the app. Additionally, X has integrated a pilot partnership with Wealthsimple to enable direct trading for Canadian users. Head of product Nikita Bier indicated that this is an initial phase, with plans for a broader rollout including web and Android support to further integrate X into the financial and crypto ecosystem.

(Source:Crypto Briefing)