Twitter has joined forces with eToro, a social trading company so that its users can buy stocks, digital currencies, and other investments.
The new $Cashtags feature will allow Twitter users to view live charts and pricing data for a range of financial instruments, including stocks, ETFs, crypto, and commodities.
This is thanks to a partnership with eToro, which will expand the data coverage beyond the limited selection of companies, such as Tesla.
CEO and Co-Founder of eToro, Yoni Assia, said:
Financial content on social media has provided education to many who have felt excluded by more traditional channels. 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. As the social investing network, eToro was built on these very principles – community, knowledge-sharing and better access to financial markets. There is power in shared knowledge and by transforming investing into a group endeavour, we can yield better results and become more successful, together.
Read more: Citi Joins eFX Trading on Velocity 3.0 | Brokers Times
