Musk's Twitter forays into finance, allows users to trade stocks, crypto

Twitter seems to have finally turned over a new leaf with the announcement of the rollout of a new feature on Thursday which will be powered through a partnership with eToro, a social trading company that allows users to buy and sell financial assets like stocks, cryptocurrencies, and index funds.Twitter had previously rolled out its "cashtags" feature that allows users to view trading data of index funds and some companies in real-time.

With eToro's partnership, the cashtags feature will be expanded to cover a larger number of assets and instruments. Apart from TradingView's data, users will now be able to see an additional button that says, View on eToro, which will take them to the trading company's website where they can carry out transactions.

The move to allow users to see financial data is not surprising since many use the platform to find breaking news and updates on financial assets. Financial Twitter or Fintwit, has been one of the main drivers of usage on the platform with an average of 4.7 million cashtag searches per day in 2023 alone.As Musk looks to copy the WeChat model to build a super app that offers travel and financial services in addition to social media, the company whose legal identity is no longer Twitter Inc.

Recently Musk replaced the Twitter bird logo with a Shiba Inu and even took off the 'w' from the company board at its headquarters in San Francisco. Additionally, there are also reports that Musk has ordered thousands of graphic processing units forOnly Musk can tell us where the company is headed in the future. Until then, we will see Twitter being dismantled and re-engineered live in front of our eyes.

Yea give ur bank info to a crook..lmao

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