Analysis: Musk Recruiting Benji Taylor, or Signaling X Could Be Venturing into Wallets, On-Chain Payments, or Even DeFi

BlockBeats News, March 27th, ARK Invest's Director of Digital Assets Research Lorenzo Valente wrote, "The importance of Musk recruiting Benji Taylor to join the X platform as Chief Designer may have been underestimated by many. Benji Taylor previously founded the self-custody crypto wallet Family, which was later acquired by Aave where he served as CPO, and in 2024 joined Base as Head of Design."

"If only considering the basic fintech user experience, this type of background talent may not seem suitable. It is increasingly likely that wallets, on-chain payments, and ultimately DeFi will become part of X's development roadmap."