Analysis: Musk's Hiring of Benji Taylor Signals Potential X Expansion into Wallets, On-Chain Payments, and DeFi

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

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