Crypto Gloom

Elon Musk’s X launches Smart Cashtags for accurate asset tracking and real-time pricing

Key Takeaways

  • X is developing Smart Cashtags for real-time asset pricing and tracking.
  • This feature allows users to specify an asset or smart contract when publishing a ticker.

Share this article

Elon Musk’s X plans to introduce Smart Cashtags, a new feature aimed at improving how financial assets such as stocks and cryptocurrencies are referenced on the platform, X’s head of product Nikita Bier said on Sunday.

This feature allows users to specify the exact asset or smart contract when tagging a ticker, reducing ambiguity across cryptocurrencies, stocks, and other financial products. Tapping a smart cash tag will display real-time price data along with posts referencing the same asset.

The latest developments reflect X’s growing importance as a real-time hub for financial information, with activity on the platform impacting hundreds of billions of dollars.

X will gather user feedback as it tests Smart Cashtag ahead of a broad public launch expected next month.