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TWITTER TO LAUNCH CRYPTO AND STOCK TRADING PARTNERSHIP WITH eToro: REPORTS

Popular social media platform Twitter is reportedly set to introduce a new feature that will allow users of the platform to trade cryptocurrencies and stocks. The new feature is being launched in partnership with fintech firm eToro, as reported by CNBC.
Twitter users will be able to browse market charts for a wider variety of financial instruments and purchase or sell crypto and other assets through eToro. The latest partnership between the social media platform and fintech firm will expand on Twitter’s “cashtags” feature that currently allows users to view real-time trading data from TradingView.

The new financial features can be accessed via a “view on eToro” tab, which will take the users to eToro’s trading platform. The fintech company, founded in 2007, introduced crypto trading features and a crypto wallet in 2019.
The latest partnership would also be the first notable deal for the social media giant since Elon Musk took over as CEO after acquiring the social media network for $44 billion last year. Yoni Assia, eToro’s CEO, called the partnership a perfect match and believes the feature will help bring a new audience to the platform.

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