Musk plans to call his superapp X and the billionaire revealed Twitter’s incorporated name had been changed to X Corp in early April.
Highlights
- Twitter will allow users to trade stocks and cryptocurrencies as part of a new deal with social investing company eToro.
- The deal is the latest step towards achieving owner Elon Musk’s expansive vision of transforming Twitter into a multifaceted “everything app” in the vein of the Chinese behemoth WeChat.
- Twitter will also give users the option to buy and sell stocks, cryptocurrencies and other assets at the click of a button.
- CEO Yoni Assia said the deal will help better connect the two brands, adding that in recent years its users have increasingly turned to Twitter to “educate themselves about the markets.
- Musk has ambitious plans for his superapp, “X,”
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