Leaked: Elon Musk’s X to Offer Stock Trading Powered by Wealthsimple

Elon Musk’s social network X appears to be integrating stock trading into its platform—and it will be powered by Toronto fintech Wealthsimple.

That’s according to a screenshot shared by @aaronp613, who routinely dives through app codes. “You can click on a Cash Tag and it will show a Trade button which says Powered By Wealthsimple,” explained Aaron on Wednesday. He told iPhone in Canada he enabled code to show the integration in the screenshot. He’s had a solid track record of finding out gems within Apple’s operating systems.

Wealthsimple’s app and web platform offers unlimited no-fee stock trading for Canadians. The fintech briefly operated in the U.S. back in 2017 but sold their business to Betterment in 2021. So this Wealthsimple stock trading integration might be limited to Canadian users for now.

Check out the screenshot below:

Wealthsimple Looks to Offer Polymarket-Like Betting in Canada

In separate Wealthsimple news, the Globe and Mail reports the Toronto company looks to offer prediction trading in Canada, similar to what you see from Polymarket and Kashi, for real-world events. While that is not allowed in Canada, Wealthsimple’s approval from the Canadian Investment Regulatory Organization is only for economic indicators, financial markets and climate trends, it confirmed. So that means no betting on elections or sports, example.

Wealthsimple is free to use (sign up here and get a $25 bonus) and has over 3 million Canadian users and has over $100 billion in assets.