After merging Twitter’s
parent firm Twitter Inc last week, Dogecoin supporter Elon
Musk has
taken another step to to turn Twitter into a “super app” that
offers payments ,banking and much more.
'Dogefather' Elon Musk's Twitter will let its users access stocks, cryptocurrencies and other financial assets through a partnership with eToro, a social trading company.
Starting Thursday , a new feature will be rolled out on the Twitter app. It will allow users to view market charts on an expanded range of financial instruments and buy and sell stocks and other assets from eToro, the company said, as per CNBC.
Currently,
it’s already possible to view real-time trading data from
TradingView on index funds like the S&P 500 and shares of some
companies such as Tesla. That can be done using Twitter’s
“cashtags” feature — you search for a ticker symbol and insert
dollar sign in front of it, after which the app will show you price
information from TradingView using an API (application programming
interface).
Through this partnership, Twitter cashtags will be expanded to cover far more instruments and asset classes, an eToro spokesperson reportedly said.
You’ll also be able to click a button that says “view on eToro,” which takes you through to eToro’s site, and then buy and sell assets on its platform . EToro uses TradingView as its market data partner. “As we’ve grown over the past three years immensely, we’ve seen more and more of our users interact on Twitter [and] educate themselves about the markets,” Yoni Assia, eToro’s CEO, said, as per the report.
“There is very high quality content, real-time content on financial analysis of companies and what’s happening around the world. We believe this partnership will enable us to reach those new audiences [and] connect better the brands of Twitter and eToro.”