eToro, a
leading social trading and investing network, announced its partnership with Twitter to integrate real-time asset prices into the social media platform’s
$Cashtags feature.
The new
feature means Twitter users will get direct access to trading from the social
platform owned by Elon Musk, whose recent actions suggest he wants to move the
app closer to the financial industry.
With this
collaboration, Twitter users can quickly access up-to-date prices for stocks, ETFs,
commodities and cryptos by simply searching using a $Cashtag symbol. This partnership
aims to provide a seamless experience for Twitter users, enabling them to click
through to the eToro platform for more comprehensive information on the asset
and the option to invest.
Yoni Assia,
CEO and Co-Founder of eToro, highlighted the importance of social media in
democratizing financial education.
“Twitter
has become a crucial part of the retail investing community – it’s where
millions of ordinary investors go every day to access financial news, share
knowledge and converse,” eToro’s CEO commented.
Assia
emphasized that eToro was founded on the principles of community,
knowledge-sharing, and increased access to financial markets. The partnership
with Twitter aims to harness the power of shared knowledge to yield better
results and facilitate group investing.
JUST IN: Twitter partners with eToro to enable users to trade