MILESTONE | The New X CashTags Feature Generate ~$1 Billion in Global Trading Volume in 2 Days

The newly launched Cashtags feature by Social media platform, X, has generated an estimated $1 billion in global trading volume within its first two days, according to the platform’s Head of Product, Nikita Bier, marking an early milestone in Elon Musk’s push to turn the social media platform into an ‘everything app.’

The feature, which launched on April 14, 2026 for iPhone users in the United States and Canada, allows users to tap on stock and crypto tickers in posts to view live price charts and related discussions without leaving the app. The trading volume estimate was based on aggregated data from X’s pilot program, Bier said in a post.

Cashtags has been integrated with Canadian online brokerage, Wealthsimple, enabling Canadian users to trade assets directly through the feature, though X has yet to announce a U.S. brokerage partner.

The rollout comes as X expands its financial services ambitions, with Musk also preparing to launch X Money, a digital payments platform aimed at offering

• peer-to-peer transfers,
• e-Commerce,
• payments,
• debit card services,
• yield-bearing accounts,

and now,

• market data and
• trading services.

X has secured money transmitter licenses in more than 40 U.S. states and registered with the Financial Crimes Enforcement Network, laying the groundwork for broader financial services as it seeks to compete with established finance and trading platforms.

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