Elon Musk’s X Hires Crypto Whiz Benji Taylor to Make Money Magic Happen

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X has decided to appoint the illustrious Benji Taylor as the head honcho of design, as the company lurches, like a tipsy penguin, toward the grand unveiling of X Money.

  • The esteemed Taylor has been plucked from the ether of crypto design to lead the charge just in time for next month’s big X Money rollout.
  • Before gracing X with his presence, Taylor dabbled in various product and design roles at Aave, Avara, and Coinbase’s Base-essentially a veritable Renaissance man of the crypto world.
  • The beta version of X Money promises to include wallet services, peer payments, and a debit card linked to accounts-because who wouldn’t want another piece of plastic to forget about?

This charming hire brings aboard a product designer with a rich tapestry of experience in crypto wallets, DeFi, and consumer applications. Ah yes, just what X needed while they’re busy building out payments on their platform-nothing says ‘serious business’ quite like a crypto wallet!

Taylor, in an adorable display of humility, expressed he was “honoured” to join the merry band at X. He vowed to work hand in glove with the ever-enigmatic Elon Musk, Nikita Bier, and the rest of the crew. Musk himself welcomed him publicly, presumably after checking that Taylor wasn’t a robot in disguise.

This strategic move injects a designer with actual crypto product experience into X’s leadership team. Recent whispers in the wind suggest that Taylor will be gallivanting between X and xAI, positioning him snugly within a broader push to marry social media, artificial intelligence, and payments into one delightful cocktail.

Taylor Brings Aave and Base Experience

Taylor, in a fit of entrepreneurial spirit, founded Los Feliz Engineering, home to the self-custody wallet called Family. His personal website boasts that Aave Labs swooped in to acquire the company last September, after which he donned the hat of chief product officer until October 2025. Quite the résumé, I must say!

His site further reveals that he later ascended to the lofty heights of head of design at Base, Coinbase’s layer-2 network, before taking up his current post at X. With this background, X now has a design lead who has gallivanted through both crypto infrastructure and user-facing products-talk about versatility!

Earlier this very month, Musk announced that X Money would be entering early public access next month, much to the excitement of all those who live for the thrill of digital transactions. Reuters has reported that X Money is part of Musk’s grand scheme to morph X into an “everything app,” adding payments to its already bustling social platform-because why not throw everything into the mix?

X has already struck a partnership with Visa, which, according to Reuters, will become the first partner for X Money. This arrangement will allow users to fund their X wallets, connect their debit cards, send peer-to-peer payments, and shuttle funds to bank accounts-just another day in the life of the tech-savvy elite!

Beta Details Point to Broader Financial Features

Reports emerging from the beta camp have revealed tantalizing details about the product. Business Insider noted that early adopters have been brandishing X Money debit cards like trophies, while Musk proclaimed that the service would offer a rather enticing 6% annual percentage yield on deposits. Who knew banking could feel so exciting?

Bier, in a fit of enthusiasm, declared that X was assembling the “greatest design team in the industry.” Such lofty claims surely link Taylor’s arrival to X’s impending product phase, as payments inch ever closer to a wider release. And there you have it, folks-stay tuned for more thrilling developments in this ever-entertaining saga!

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2026-03-26 16:35