X to launch Smart Cashtags for crypto assets

X, formerly Twitter, is developing a Smart Cashtags feature to improve the accuracy of financial and cryptocurrency discussions, CoinDesk reported. The feature will go beyond simple tickers like BTC, allowing users to specify the exact asset or smart contract address they are referencing. This aims to prevent confusion between assets that share a ticker, such as the stock ADA and the cryptocurrency ADA. Tapping a tag will also provide instant access to real-time price data, charts, and related news without leaving the platform. The Smart Cashtags feature is scheduled for release in February.