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Zach Rynes reports that Robinhood has adopted Chainlink as its official data and cross-chain oracle for the Robinhood Chain. According to the announcement, Chainlink is live from day one, powering both Robinhood Chain and all assets issued by Robinhood, including stock tokens such as NVDA, GOOG, and AAPL.
This strategic integration is set to support a range of Robinhood-issued assets through Chainlink's technology.
Rynes previously reported that Chainlink Secure Value Relay (SVR) generated $3.57 million in revenue in one week, with $2.3 million allocated to DeFi protocols and $1.27 million to Chainlink. This highlighted Chainlink’s capacity to drive revenue for both protocol participants and the company itself. The current integration marks Robinhood’s latest move to incorporate Chainlink’s technology into its offerings.