Twitter is taking the finance world by storm, partnering with eToro, the social trading company, to bring stocks, cryptocurrencies, and other financial assets right to your fingertips!
Starting this Thursday, Twitter users will be able to view market charts on an expanded range of financial instruments and trade stocks as well as other assets directly from eToro. This groundbreaking integration is set to revolutionize how we interact with financial markets on social media.
If you’re a Twitter user, you might be familiar with the “cashtags” feature, which allows you to view real-time trading data from TradingView on index funds and company shares like Tesla. With the eToro partnership, this feature will be expanded to cover even more instruments and asset classes!
eToro might help Twitter attract millions of new users
eToro’s CEO, Yoni Assia, is excited about the potential of this partnership to reach new audiences and strengthen the connection between Twitter and eToro. Founded in 2007, eToro boasts over 32 million registered users worldwide and offers an innovative platform that enables users to mimic the trading strategies of other successful investors.
The partnership is a significant milestone for Twitter since Elon Musk became CEO after purchasing the platform for $44 billion last year. Under his leadership, Twitter has made significant changes, reducing staffing and focusing on transforming the platform into a “super app” that offers users a range of services, including instant messaging, banking, and travel.
The super app concept has been wildly successful in East Asia, with China’s Tencent offering payments through its WeChat messaging app. With this partnership, Twitter aims to become a similar powerhouse in the financial world, with Musk stating he wants Twitter to become “the biggest financial institution in the world.”
Let’s see if this fantastic collaboration between Twitter and eToro, will change how we engage with finance on social media. It’s an exciting time to be part of the fintech revolution! Share your thoughts on this game-changing partnership in the comments below!