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Reports: Walmart-Backed OnePay to Add Bitcoin and Ether Trading and Custody in 2025

Unnamed sources say crypto would become a core utility inside OnePay with in‑app conversion to dollars for Walmart purchases.

Overview

  • CNBC reports that OnePay plans to offer bitcoin and ether trading and custody later this year, with Zerohash powering the backend, though the company has not announced the feature and a spokesperson declined to comment.
  • The reported design would let users hold BTC and ETH in the app and convert balances to cash for store checkout or to pay down card balances.
  • OnePay is a fintech majority‑owned by Walmart and launched with Ribbit Capital in 2021, operating separately from the retailer but integrated into Walmart’s online and in‑store checkout flows.
  • The app has climbed to No. 5 among free finance apps on Apple’s App Store, positioning the service to match crypto features already offered by PayPal, Venmo, and Cash App.
  • Zerohash, which recently raised $104 million from investors including Morgan Stanley and Interactive Brokers, is expected to provide custody and settlement infrastructure for the rollout.