The news: Walmart’s OnePay will reportedly offer crypto trading and custody through its banking app, per CNBC.
The startup Zerohash will enable OnePay’s crypto operations.
Why this matters: After the GENIUS Act became law, fintechs and incumbents are scrambling to establish their crypto footprints. Fintechs have been particularly bullish on capitalizing crypto’s potential: Square, Stripe, and PayPal all launched crypto acceptance at the POS this year.