X says cashtags pilot drove $1B in trading volume days after launch

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Coinbase


X said its new cashtags pilot has driven an estimated $1 billion in global trading volume since launching on Tuesday night, according to a post Friday morning from head of product Nikita Bier.

The update adds fresh momentum to a product push that Bier unveiled on April 14, when X launched cashtags for iPhone users in the US and Canada. The feature lets users search or post a cashtag or contract address and receive matching stock or crypto results, then tap through to a dedicated page showing related posts and a live price chart without leaving the app.

X also announced a pilot integration with Wealthsimple, giving Canadian users a trading button on cashtag pages so they can move from market discussion to execution more directly. Wealthsimple’s help documentation says Smart Cashtags on X can direct eligible users to Wealthsimple, reinforcing the platform’s early brokerage link as X pushes further into finance.

Bier framed cashtags as an early step in X’s broader attempt to become a more central destination for the finance and crypto community. He said web and Android support, along with a wider global rollout, are coming soon, suggesting the current launch is only an initial test of how tightly X can connect market conversation, real time data, and trading activity.

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Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.





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