Social media platform X, previously known as Twitter, is reportedly looking to add a trading hub to its mobile app. The news was first reported by Reuters.
According to the report, X executives have already reached out to potential partners that would help them implement the new feature. The Elon Musk-owned social media is currently looking for providers of “financial content, real-time stock data, and other features.”
Further details about X’s trading hub plans remain under wraps, with the company failing to provide comments when reached out to by Reuters.
Adding a trading hub would fit the plans that Musk laid out for the social media platform after acquiring it for $44 billion in October. At the time, Musk said that he plans to turn Twitter into a “super app” and compared it to Chinese WeChat. Besides being used for messaging and social media interaction, WeChat also has various other features, including mobile payments.
Back in April, X partnered up with the investment platform eToro to provide its users with real-time information about stocks and cryptocurrencies. The partnership also allows X users to access eToro’s trading platform with a single click if they wish to engage in trading.