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Twitter To Allow Crypto And Stock Purchases

TRUTH PUKE’S TAKE: On Thursday, April 13, 2023, Twitter announced a deal with social investing company eToro which will allow its users to trade stocks, cryptocurrencies and other assets on the social network’s platform.

Twitter’s new deal with eToro is a major step toward CEO Elon Musk’s vision of creating an “everything app.” Through this partnership, Twitter users can buy and sell stocks and cryptocurrencies, access real-time trading data, and view market charts, all through a single platform.

eToro’s CEO, Yoni Assia, believes this collaboration will better connect the two brands and allow eToro to expand its audience to users looking for financial information on social media.

With Musk’s ambitious plans for his superapp “X,” Twitter’s rebranding as X Corp signals the company’s commitment to becoming a major player in the world of finance.

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