Popular social networking site, Twitter has collaborated eToro, a leading crypto exchange to enable users trade crypto and stock. In a Thursday Twitter post, eToro confirmed that users can now be able to view market charts on a wide range of financial assets. More so, the collaboration will pave the way for them to buy these assets from eToro.
Certainly, Twitter aims to harness the collaboration with eToro to expand its cashtags. This thus enable the tags to cover more financial instruments and assets. Meanwhile, users will now be able to use the feature, “view on eToro” to explore the site to buy and as well sell the assets of their choice. It is noteworthy that the crypto firm employs TradingView as its market data partner, thereby aiding users’ experience.
Meanwhile, the eToro CEO, Yoni Assia described the partnership as a significant feat for the firm. According to him, eToro has over time, grown to become one of the leading crypto trading platform across the globe. Assia explained the significance of Twitter to its firm. He noted that users of the exchange usually leverage on Twitter to interact and enlighten themselves about the realities in the market.
The CEO believes the social networking firm is enveloped with high-quality content of financial firms as well as current trends in the industry. He expressed optimism that eToro will leverage on the collaboration to reach new audience. More so, Assia affirmed that the collaboration will further strengthen the growing relationship between the two companies.
Side Notes on the takeover of Twitter by Elon Musk
It is noteworthy that the partnership is coming barely a few months after controversial billionaire, Elon Musk took over Twitter. Recall that the takeover was completed in October after a series of controversies. Prior to the takeover, Musk accused the Twitter board of presenting misleading information about bot accounts to his team. This development made the second richest man according to Forbes estimates to suspend the deal.
However, the Twitter executives denied the allegation, saying the data provided was accurate. They proceeded to court to institute a lawsuit against Musk. In the then filing, the executives urged the Court to restrain the billionaire from calling off the deal. After hearing from both sides, the Court issued an October 28 deadline for Musk to complete the deal.