According to The Kobeissi Letter on Twitter, X CEO @lindayaX confirmed to the Financial Times that X will soon enable users to invest and trade directly within the app. This move positions X as a comprehensive financial platform, allowing users to manage their entire financial life on one app (source: Financial Times, @KobeissiLetter). For traders, this integration could increase user engagement and liquidity, especially for crypto markets if digital assets like BTC and ETH are included. Market participants should monitor X’s rollout for potential shifts in trading volumes and new opportunities in both traditional and cryptocurrency markets.

According to Phantom on Twitter, this marks their third acquisition in eight months as part of their strategy to enhance their financial platform offerings. This move is likely to impact trading by potentially broadening the suite of tools available to users, thereby increasing trading efficiency and options. Source: Phantom (@phantom) on Twitter.