Israeli tech company partners with Elon Musk’s X

BridgeWise will use real-time social media data to deliver AI-driven market insights for institutional investors

Israeli fintech company BridgeWise has partnered with Elon Musk’s X to integrate real-time social media data into its AI-driven investment platform, as institutional investors increasingly turn to alternative data to inform trading decisions.

BridgeWise will combine its analytics with X’s global data stream, allowing users to track and quantify market sentiment across thousands of securities in real time.

At the centre of the deal is a new capability known as “SentimentWise”, which converts unstructured conversations on X into structured signals designed for use by hedge funds, banks and asset managers.

BridgeWise was founded by Gaby Diamant, a former Israeli Defence Forces finance officer and graduate of the Technion and Tel Aviv University. He launched the company to address gaps in global investment research, where large numbers of listed companies remain uncovered by traditional analysts.

The business has since expanded globally, working with more than 50 institutional clients and partnering with organisations including eToro, Japan Exchange Group and SIX Swiss Exchange, as well as other exchanges, banks and trading platforms.

Diamant, BridgeWise CEO, said: “Markets move on more than just numbers; they move on what people are saying, thinking, and feeling in the moment.

Gaby Diamant, founder BridgeWise

“By plugging X’s data stream into our engine alongside our deep fundamental and technical analysis, we’re helping our clients cut through the noise to see what actually matters. With this partnership, we are taking the world’s biggest conversation and turning it into a quantifiable tool that helps investors make better decisions with total clarity.”

He added that BridgeWise was “proud to provide a fully verticalized solution that offers full-scope intelligence on every traded security, from fundamental and quantitative analysis to real-time sentiment intelligence.”

X, which has positioned itself as a hub for real-time financial discussion, said the integration would allow institutional users to incorporate its data directly into professional investment workflows.

Christopher Park, director and global lead of developer platform at X, said: “X is the world’s leading platform for real-time financial conversation; by enabling BridgeWise to analyse our feeds through this API integration, we are empowering their clients to leverage the power of the ‘Everything App’ directly within institutional workflows and rigorous trading environments.”

The partnership reflects a wider trend across the financial industry, where so-called “alternative data”,  including social media activity, is increasingly being used alongside traditional financial metrics.

For BridgeWise, the deal marks another step in its international expansion, as it continues to position itself at the intersection of artificial intelligence, financial analysis and next-generation data.

Elon Musk, the owner of X and Tesla, is due to travel to Israel later this month to speak at Tel Aviv Smart Mobility Summit after the tech event was postponed due to the Iran war.

bridgewise.com

read more:
comments