Analysis: Musk's Recruitment of Benji Taylor May Indicate X's Plans for Wallets, On-Chain Payments, and Even DeFi

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On March 27, Lorenzo Valente, Director of Digital Asset Research at ARK Invest, stated, “The significance of Musk recruiting Benji Taylor to join the X platform as Chief Designer may be underestimated by many. Benji Taylor founded the self-custody crypto wallet Family, which was later acquired by Aave, where he served as CPO, and in 2024, he joined Base as Head of Design. If we only consider the basic fintech user experience, then someone with this background may not be suitable. It is increasingly likely that wallets, on-chain payments, and even eventually DeFi will become part of X’s development roadmap.”

AAVE-2.3%
DEFI-8.76%
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