Walmart’s Crypto Expansion Fails to Stir Retail Investor Enthusiasm Despite AI Push
Walmart's recent foray into cryptocurrency through its OnePay venture appears to have done little to galvanize retail investors, even as the retail giant partners with OpenAI to bolster its AI capabilities. TipRanks data shows only marginal increases in Walmart stock holdings among tracked portfolios—2.2% over 30 days and 0.2% in the past week—despite heightened corporate announcements.
The muted response contrasts sharply with Walmart's aggressive positioning at the intersection of AI and digital assets. Market observers note that retail investors may be adopting a wait-and-see approach toward the company's crypto ambitions, particularly given the broader market's cautious stance on merchant adoption of blockchain solutions.