Elon Musk’s X to roll out in-app trading and investing features in line with super app ambitions: FT
Elon Musk’s X plans to let users trade and invest directly inside the social-media app, broadening a payments push that already includes a Visa-backed digital wallet.CEO Linda Yaccarino said the new features will cover investments and trading, and could include a branded debit or credit card, according to The Financial Times. The in-app services will roll out first in the United States under the X Money banner, a wallet the company announced in January when it partnered with Visa to enable real-time transfers between bank accounts and in-app digital wallets.While Yaccarino did not specify asset classes or mention crypto, the platform already supports tipping with Bitcoin’s Lightning Network and displays real-time crypto prices via $Cashtags. Visa has also partnered with several crypto service providers to power payments, suggesting that X’s latest rollout may include blockchain-based currencies.Musk has pursued an “everything-app” vision since he bought then-Twitter for $44 billion in 2022. The company has secured money-transmitter licenses in several U.S. states and aims to win approval in all 50 for a broader push into financial services.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.