BULLISH 📈 : Elon Musk’s X set to enable crypto and stock trading

Elon Musk’s platform X (formerly Twitter) is set to allow users to trade stocks and cryptocurrencies directly within the app, aligning with Musk's "everything app" vision.

X Money will launch soon, integrating trading on the timeline.
Trading features include "Smart Cashtags," letting users view financial data and execute trades by clicking ticker symbols.
X will not act as a brokerage but redirect users to partner exchanges.
The platform has acquired money transmitter licenses across multiple US states to support this functionality.
Anti-spam measures will be implemented, and API policies updated to ban non-consensual fee-generating applications.

This integration could lower entry barriers for retail investors and pressure standalone exchanges, as highlighted by Gemini's recent strategic shifts. The potential revenue from transaction volumes could be significant, similar to major competitors like Kraken.