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Elon Musk's X to launch Smart Cashtags for accurate asset tracking and live pricing
Source: CryptoNewsNet Original Title: Elon Musk’s X to launch Smart Cashtags for accurate asset tracking and live pricing Original Link: https://cryptonews.net/news/defi/32258353/
Overview
X is developing Smart Cashtags for real-time asset pricing and tracking. The feature allows users to specify assets or smart contracts when posting tickers.
Feature Details
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, according to Nikita Bier, X’s Head of Product.
The feature allows users to specify the exact asset or smart contract when tagging a ticker, reducing ambiguity across crypto, equities, and other financial instruments. Tapping on a Smart Cashtag will show real-time price data alongside posts referencing the same asset.
X’s Role in Financial Markets
The latest development reflects X’s growing importance as a real-time hub for financial information, with platform activity influencing hundreds of billions of dollars. As noted: “X is the best source for financial news — and hundreds of billions of dollars are deployed based on things people read here.”
Rollout Timeline
X will collect user feedback while testing Smart Cashtags ahead of a wider public rollout expected next month.