Chainlink Powers Robinhood Chain

Robinhood Taps Chainlink for Official Oracle Infrastructure

Robinhood has formally adopted Chainlink as the official data and cross-chain oracle infrastructure for Robinhood Chain, its newly launched Ethereum Layer 2 network. The integration covers Robinhood Chain and all Robinhood-issued assets, including Stock Tokens like NVDA, GOOG, and AAPL. The announcement came alongside the public mainnet launch of Robinhood Chain, an Ethereum Layer 2 network built using Arbitrum's technology stack.

Robinhood Chain is an Ethereum Layer 2 blockchain built on Arbitrum technology, designed to support tokenized real-world assets and onchain financial services. The company described Robinhood Chain as permissionless, AI-native, and purpose-built for real-world assets, with day-one partners including Uniswap, Pleiades, Alchemy, BitGo, and Chainlink.

What Chainlink Brings to the Network

Chainlink's Cross-Chain Interoperability Protocol (CCIP), Data Streams, and Data Feeds are now live on Robinhood Chain mainnet from day one, delivering verifiable data for tokenized real-world assets and unlocking secure interoperability across the multi-chain ecosystem. Chainlink provides data feeds, interoperability tools, and compliance standards needed for advanced tokenization use cases. Oracles connect smart contracts to external data sources, which is essential for applications like tokenized stocks that require real-time pricing data from traditional markets.

Robinhood also launched new Stock Tokens, enabling eligible users to trade 24/7 directly on Robinhood Chain, as well as deploy those assets into lending pools and use them as trading collateral across the broader DeFi ecosystem. With the mainnet now live, Robinhood Wallet users in more than 120 countries can trade Stock Tokens, though availability varies depending on local regulations.

Gaetan Thabot, Director of Product at Robinhood Crypto, said the company chose Chainlink because its institutional-grade security and reliability are already trusted by the world's largest financial institutions to scale onchain ecosystems.

Sources:
PR Newswire: Robinhood Chain Launches and Adopts Chainlink
The Block: Robinhood Chain Goes Live on Mainnet
FinanceFeeds: Robinhood Opens 24/7 Stock Token Trading on Its New Layer 2 Chain