Elon Musk X to Launch Smart Hashtags Enabling In-App Stock and Crypto Trading
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Elon Musk's social media platform X is gearing up to release a feature that could transform the app from a chat platform to a place for commerce.
Key Takeaways:
X plans to launch smart hashtags that allow users to trade stocks and cryptocurrencies within posts.
The feature furthers Musk's vision of turning it into an all-in-one financial and social platform.
It will be rolled out alongside X Money, a peer-to-peer payment system currently in beta testing.
Nikita Bier, head of product at X, said the company plans to introduce “smart hashtags” that will allow users to buy and sell stocks and cryptocurrencies from their timelines.
The feature is expected to arrive within weeks, according to a post published on Saturday.
X Enable Stock and Crypto Trading from Posts to Release Smart Hashtags
“We're launching several features in a few weeks, including Smart Cashtags, which will allow you to trade stocks and crypto directly from Timeline,” Bier wrote.
Beer previously hinted at the feature in January, sharing an image showing the business functions included in the posts, but the company did not confirm the details at the time.
X has previously tried financial features. In the year In 2022, it added a basic Cashtag system that displays price charts and market data for major assets like Bitcoin and Ether.
Although the feature only tracks prices and does not make transactions, users can see market movements in posts. The previous system was later discontinued.
The proposed trading capability marks a major change for the platform, which already hosts much of the online crypto conversation. Allowing direct transactions moves X away from information sharing and into financial services.
The development fits with Musk's long-term plan to turn X into an “everything app” compared to China's WeChat, where messaging, payments and services are all in one place.
The transaction feature comes with X Money, a peer-to-peer payment system. Musk said during a presentation by his artificial intelligence company xAI that the payment tool is currently in limited beta testing and could be rolled out globally after a trial period.
“This is meant to be where all the money is – a central source of money transactions,” Mook said.
According to Musk, the platform reaches about 600 million monthly users.
X cracks crypto-related engagement apps.
As reported, X recently came under scrutiny after restricting API access to so-called infofy and participation-reward projects, many of which are tied to crypto incentives.
The company said it will no longer allow apps that reward users for posting or interacting on X, citing concerns over AI-generated spam and fraud.
Beyond crypto, X's broader AI strategy has drawn regulatory attention, particularly in Europe, where authorities have raised concerns about Grok's image-generation features.
The platform has since limited certain capabilities and introduced safeguards after investigations began.
X's decision to decriminalize so-called InfoFi applications has sent new shockwaves through the crypto market, dragging many tokens down sharply and forcing it to rethink its position as a social media platform.
The immediate market reaction was led by Kaito, the token linked to the Kaito platform, which plunged nearly 20% in one day in what investors saw as a structural risk rather than a short-term policy adjustment.
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