Walmart-Backed OnePay App to Launch Bitcoin BTC and Ethereum ETH Trading Services

Financial technology platform OnePay, supported by retail giant Walmart, is preparing to introduce cryptocurrency trading and digital asset custody capabilities to its application by year-end. According to CNBC sources, users will gain ability to purchase, store, and exchange Bitcoin (BTC) and Ethereum (ETH) directly within the app, utilizing crypto infrastructure from Chicago-based provider Zerohash. While OnePay hasn't officially confirmed these plans, this strategic move would position the fintech alongside established competitors like Venmo, Cash App, and PayPal that already offer cryptocurrency services to American users. Established in 2021 through collaboration between Walmart and venture capital firm Ribbit Capital, OnePay has been developing a comprehensive "everything app" for digital financial services, currently featuring high-yield savings accounts, debit/credit cards, P2P payments, and BNPL options. The crypto integration reflects OnePay's strategy that its user base - many being Walmart's 4,600+ U.S. store shoppers - will seek to manage, spend, and transfer cryptocurrency alongside traditional money on a unified platform. Although closely associated with Walmart, OnePay operates as an independent company targeting broader demographics, particularly Americans underserved by conventional banking institutions. Zerohash recently secured over $104 million in funding from major financial players including Morgan Stanley and Interactive Brokers to expand its cryptocurrency infrastructure services for banks and fintech companies.