Walmart-backed OnePay adds tokens in push to serve ‘new to crypto’ customers
OnePay, which is majority-owned by Walmart, has added more than a dozen crypto tokens to its offerings that the executive responsible for digital assets said “meet a high bar” that’s been set by the banking app’s customers.
Since launching in January, offering Bitcoin (BTC) and Ethereum (ETH) on its its nascent crypto platform, OnePay on Thursday added SUI (SUI), Polygon (POL) and Arbitrum (ARB) just days after listing another 10 tokens, including Solana (SOL), , Cardano (ADA), Bitcoin Cash (BCH) and PAX Gold (PAXG).
“We plan on continuing to expand thoughtfully, prioritizing assets that meet a high bar: demand, liquidity, regulatory clarity and long-term utility,” Ron Rojany, OnePay’s general manager, Core App & Crypto, told Cointelegraph in an email.
“We’re less focused on chasing the latest asset and more focused on offering a curated set of assets that align with how our customers actually use and think about their money,” he said.
Rojany would not disclose any figures on crypto adoption among OnePay’s account holders, saying only that the fintech is seeing “strong engagement, particularly among customers who are newer to crypto and are looking for an easy and integrated way to get started.”
OnePay has positioned itself as a US version of a “superapp,” modeled after China’s WeChat. The platform already offers banking services including high-yield savings accounts, credit and debit cards, loans and wireless plans.
The company also offers a digital wallet that customers can use at checkout in Walmart stores and on the retailing giant’s website. The retailing giant’s US operations had net sales of $462.4 billion in fiscal 2025, according to the company’s latest annual report.
“We’re still early and our focus is on building our crypto platform the right way: creating a trusted, safe and intuitive experience for everyday customers,” Rojany said.
Fintech pursuit of superapp gets boost from SEC chair
OnePay is not the only company pursuing a financial services superapp. In late September, Coinbase CEO Brian Armstrong outlined plans to build a crypto superapp, offering credit cards, payments and Bitcoin rewards to rival traditional banks.
Earlier this month, Japan’s Startale Group said it would use funding from a recently completed $50 million Series A investment round to develop its superapp to integrate payments, asset management and onchain services into a single platform.
US Securities and Exchange Commission Chairman Paul Atkins in September expressed support for platforms offering multiple financial services under one regulatory framework.
The regulator’s updated strategy includes allowing platforms to operate as “super-apps” that can facilitate trading, lending and staking of digital assets under one regulatory umbrella.
“I have directed the Commission staff to develop further guidance and proposals ultimately to make this ‘super-app’ vision a reality,” Atkins said in July.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nvidia falls to its lowest valuation in 14 years! "Super bull" Tom Lee calls for bottom fishing, retail investors are buying more as it drops, but Wall Street is divided
After the market opened on Thursday, retail investors went against the trend and bought up Nvidia, with net purchases reaching $111 million in just half an hour, setting a record for the same period. Investors such as Tom Lee have publicly supported the company, with institutions optimistic about strong order backlogs extending to 2028, robust revenue growth, and opportunities created by declining valuations. Meanwhile, institutions like Bernstein and Goldman Sachs have become more cautious about Nvidia's outlook, with concerns focusing on management succession and technological leadership following Jensen Huang's departure.

Jane Street boosts Fidelity Bitcoin ETF stake 8x in Q3, trims BlackRock IBIT

From SpaceX to Anthropic, the market has new strategies for dealing with tech giants' IPOs
The market's response strategies to major listings are currently centered around "index inclusion expectations": the new regulations allow mega IPOs to be included in the six major indices within 15 days, triggering concentrated buying by passive funds. Investors are positioning themselves in advance and using options to hedge and amplify buying power. However, Anthropic has a free float of only about 6%; shares available for sale by employees on the first day and privately placed shares with no lock-up period may create supply pressure. On the other hand, index arbitrageurs are facing a rare opportunity.

Nvidia Q3 Earnings Preview: Revenue Expectations and Key Metrics to Watch
