The X social network is poised to introduce new features for its users, including trading and investment opportunities.
This was confirmed by CEO Linda Yaccarino, as reported by Interfax-Ukraine.
“Users will be able to log into X and manage all their financial activities on this platform. For instance, I can pay you for the pizza we had last night, make an investment, or conduct a trading operation,” she stated.
Additionally, X is considering the release of credit or debit cards later this year, Yaccarino added.
Previously, the company announced the launch of the X Money digital wallet, which will also feature a payment service similar to PayPal. Visa will be the first partner in this initiative.
According to Yaccarino, X Money will initially launch in the United States and then expand internationally. Users will be able to purchase goods and financially support content creators on X.
It’s worth noting that Elon Musk acquired Twitter in 2022 for $44 billion and subsequently rebranded it as X. In 1999, he co-founded the payment service X.com, which later became part of PayPal. Now, this domain is used by the former Twitter.