Elon Musk’s X is pushing his push to make the social media platform an “Everything App”, the Financial Times reported Thursday.
The platform, formerly known as Twitter, will “soon” allow users to make investments or trades on the platform, CEO Linda Yaccarino told the newspaper in an interview at the Cannes Lions Advertising Festival.
“Soon you will be able to live your entire financial life on the platform,” Yaccarino said in a panel performance at the same event where you specify peer-to-peer (P2P) payments, store value, pay creators or view pay-per-view (PPV) events as examples.
X collaborated with VISA to develop “X Money” earlier this year as a digital wallet and P2P payment service. This is part of Musk’s ambition to transform X into a super app similar to the Chinese WeChat that offers several retail and financial services as well as messaging.
Elon Musk has been closely linked to cryptocurrency over a number of years due to his love for Memecoin Doge and 11,500 BTC ($ 1.2 billion) that his producer of the electric car Tesla has.
As such, cryptoObservators will believe that any plans that Musk has for X to provide financial services will involve cryptocurrency in some form.
X did not immediately respond to Coindesk’s request for comment.
