X has plans for an in-app trading platform: Report | Headlines | News | CoinMarketCap
08/04/2023 10:11
X, formerly known as Twitter, intends to build an in-app trading hub, business news site Semafor reported on Aug. 3. The social media company …
X, formerly known as Twitter, intends to build an in-app trading hub, business news site Semafor reported on Aug. 3.
The social media company reportedly has sent out requests for proposals to potential partners capable of providing financial content, real-time stock data, and other features. It promises to help those partners reach its hundreds of millions of users.
Notably, those proposals do not offer any payment to partners. According to Semafor, X wants partners themselves to commit funding to the project.
Semafor also noted that it is unclear whether the plans have progressed, writing: “It isn’t clear which firms, if any, submitted proposals, which were due last week.”
X has not yet publicly announced any plans to introduce any such trading feature. Instead, Semafor said that it …