Robinhood Launches Ethereum Layer-2 Chain Integrated With Chainlink
Robinhood has officially launched its Ethereum-based layer-2 blockchain, Robinhood Chain, integrating Chainlink as its primary oracle infrastructure. The move aims to bring stock tokens like NVDA, GOOG, and AAPL onchain, leveraging Chainlink’s protocols to secure real-world assets and facilitate interoperability for the app's millions of retail users.
Built on Arbitrum’s Orbit technology, the network functions as an Ethereum layer-2 solution designed to bridge the gap between traditional finance and blockchain ecosystems. By adopting Chainlink’s Cross-Chain Interoperability Protocol (CCIP), Data Streams, and Data Feeds, Robinhood intends to provide the institutional-grade security necessary for regulated market participants to interact with tokenized assets at scale.
Gaëtan Thabot, Director of Product at Robinhood Crypto, noted that the infrastructure choice was driven by a need for reliability trusted by global financial institutions. For Chainlink, the partnership represents a significant expansion of its reach, as its technology currently secures over 70% of DeFi and has enabled more than $31 trillion in transaction value. This integration allows Robinhood to offer its users native cross-chain connectivity, effectively turning the financial app into a gateway for onchain finance.
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