Key Insights
- •Walmart made headlines in the crypto news column as its OnePay plans to offer Bitcoin and crypto trading and custody powered by Zero Hash.
- •The financial platform expects to launch the services in Q4 2025.
- •Zero Hash recently enabled financial giant Morgan Stanley to launch Bitcoin, Ethereum, and Solana trading.
Crypto News: Walmart‑Backed OnePay Partners with Zero Hash
OnePay has partnered with Zero Hash to offer Bitcoin and crypto trading to its customers, with crypto custody services powered by Zero Hash Liquidity Services, according to the latest disclosure on OnePay’s website.
The crypto trading and custody services will only be available via its mobile banking app. The firm expects to launch these services in Q4 2025.
In addition, the fintech platform of Walmart will enable users to convert crypto assets to cash and use them at the retailer or pay off card debt.
A clear crypto regulatory environment and guidelines under the Trump administration prompted massive adoption by Wall Street.
This marks a groundbreaking development that can boost crypto adoption in other institutional investors.
Notably, TradFi companies are getting increasingly interested, bringing stocks, bonds, and treasuries on‑chain.
Zero Hash Powered Crypto Trading by OnePay and Morgan Stanley
Financial services firms such as OnePay and Morgan Stanley are launching Bitcoin and crypto trading by leveraging Zero Hash’s infrastructure.
The fintech firm of Walmart disclosed that crypto transaction and custody services are powered by Zero Hash LLC and Zero Hash Liquidity Services LLC.
Agreeing to OnePay Crypto will also lead to accepting Zero Hash terms and conditions.
Moreover, Zero Hash will hold and custody all crypto assets, and not OnePay Crypto. Also, the services will be available in selected states, with crypto assets not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation coverage.
In September, Morgan Stanley announced a partnership with Zero Hash to offer crypto trading to retail investors through its brokerage and trading platform E‑Trade. The firm will initially support Bitcoin, Ethereum, and Solana trading.
Bitcoin and Ethereum Price Action
While the crypto news gained massive reactions across the community, traders were unfazed and focused on crypto options expiry.
BTC price was trading at $120,430 at the time of writing, up 1.20% in the past 24 hours. The 24‑hour low and high were $118,611 and $121,086, respectively.
Furthermore, the trading volume has increased by 7% in the last 24 hours, indicating a rise in interest among traders.
ETH price jumped more than 2% in the past 24 hours, with the price trading at $4,470. The 24‑hour low and high were $4,343 and $4,558, respectively.
CoinGlass data showed massive buying in the derivatives market. At the time of writing, the total ETH futures open interest jumped nearly 2% to $60.48 billion in the last 24 hours.
4‑hour ETH futures OI on CME and Binance climbed more than 5% and 3%, respectively. This signals an overall bullish sentiment.