Elon Musk has reacted to rumors that his ‘X’ platform (formerly known as Twitter) is reportedly looking to build a trading hub on the site, allowing for the trading of cryptocurrencies like Dogecoin.
The Backstory Behind The Dogecoin Rumor
Media outlet Semafor earlier reported, citing documents and sources familiar with the situation, that Musk’s X was looking for a financial-data giant to build a trading hub on the X app.
As part of this plan, X reportedly sent requests to big data financial providers in recent weeks seeking proposals to provide “financial content, real-time stock data, and other features” on the application. In its requests, X had offered these finance giants an opportunity to reach “hundreds of millions of highly-qualified users.”
The request, however, failed to mention how much any interested bidder would receive by integrating into the platform. Instead, X stated that they would have to…
