X will now let U.S. users trade via cashtags
TechCrunch·- X launched a Cashtag feature enabling U.S. users to place stock, ETF, and cryptocurrency trades directly through participating brokerages like Interactive Brokers and Coinbase. - This feature bridges financial conversations on the platform by allowing users to view live charts and execute trades seamlessly upon tapping a ticker symbol. - The initiative aims to connect real-time discovery with financial action, though it may potentially increase risks related to market manipulation by bots and bad actors.X Launches Cashtag Trading In The US With Coinbase, Kraken, Gemini And Major Brokerages
CoinLive·- X has launched its Cashtag Partner Program in the US, integrating a "Trade" option for stocks, ETFs, and cryptocurrencies to connect platform discussions with major financial platforms. - The initial partners include Coinbase, Gemini, Kraken, Interactive Brokers, and Moomoo, allowing users to execute transactions directly through these brokerages while X handles price data and asset navigation. - This initiative aims to streamline the transition from asset discovery to market participation, though the specific impact on trading volume and financial performance remains undisclosed.