PANews reported on March 26th, citing CoinDesk, that Elon Musk's X platform has hired Benji Taylor, with extensive experience in crypto product development, as its design director. Taylor previously founded Los Feliz Engineering, the development company behind the self-hosted crypto wallet Family, which was acquired by Aave Labs in 2023. Taylor then served as Aave's Chief Product Officer until October 2025 and most recently as the design director for Coinbase's Base blockchain network. Crypto analyst Willy Woo suggests this move indicates that X will include cryptocurrency functionality as it expands into financial applications.

This appointment comes as the X platform expands its payment and financial services offerings. Earlier this month, Musk stated that X Money plans to launch in over 40 states in April, offering peer-to-peer transactions, bank deposits, debit cards, and cashback rewards, and had previously proposed paying a 6% return on balances. X Money has not yet explicitly mentioned any blockchain or cryptocurrency elements.