Robinhood Chain launches on mainnet with Chainlink as its official data and cross-chain oracle from block zero, powering tokenized stock tokens
EV-073 · Robinhood (NASDAQ: HOOD) — Robinhood Chain · 2026-07-01 · Evidence class: production · Confidence 97%
Gaëtan Thabot — Director of Product, Robinhood Crypto
In plain English
In plain terms: Robinhood built its own blockchain, and it uses Chainlink to tell that blockchain what things are worth. When you hold a tokenised Nvidia or Apple share on Robinhood Chain, the price your contract reads comes from a Chainlink feed built specifically for that token. It also handles dividends and stock splits by adjusting a multiplier rather than changing your balance. Robinhood's own developer documentation confirms this, which is stronger evidence than a press release.
Detail
Evidence class: PRODUCTION. Robinhood Chain, Robinhood's Ethereum layer-2 network built on Arbitrum Orbit technology, went live on mainnet on 1 July 2026 with Chainlink adopted as its official data and cross-chain oracle infrastructure from block zero. Chainlink services live at launch: • CCIP — cross-chain connectivity across the multi-chain ecosystem • Data Streams — low-latency pricing • Data Feeds — per-asset price feeds for every Stock Token Scope: the integration covers Robinhood Chain and all Robinhood-issued assets, including Stock Tokens tracking equities such as NVDA, GOOG and AAPL. Technical detail, confirmed from both sides' documentation: • Robinhood's own developer documentation states that Robinhood Chain uses Chainlink for onchain price data, that both crypto assets and Stock Tokens have Chainlink price feeds, and that each Stock Token has its own feed implementing the standard AggregatorV3Interface. • Chainlink's documentation describes these as tokenized equity feeds reporting the Total Return Value of each token — combining the underlying equity's market price with a multiplier read directly from the Robinhood token contract, rather than the raw equity price. The multiplier mechanism handles dividends and stock splits by adjusting the shares-per-token ratio. • The feeds are push-based, intended for compliance reference pricing and protocol integration. Wider launch stack: alongside Chainlink, the launch included BitGo for institutional custody, Uniswap and Pleiades for market making, Morpho for lending behind Robinhood Earn, and Lighter for perpetuals. Reach: Robinhood reports roughly 28 million customers. Note a discrepancy in secondary coverage — one outlet states 38 countries and another 120+ countries. Neither figure is confirmed by the press release and both should be treated as unverified. Boundary of this entry: this is consumer fintech infrastructure, not regulated institutional market infrastructure. It documents Chainlink at production scale in a mainstream retail application, which is a different category from the central bank and market infrastructure entries in this database. Context worth recording: Robinhood's Q1 2026 crypto revenue fell 47% year over year to $134m, with trading volume down 48% to $24bn — the strategic bet here is on tokenised equities rather than on existing crypto volumes.
Why it matters
Documents Chainlink as the oracle layer for a NASDAQ-listed brokerage's own blockchain, live in production from launch, pricing tokenised equities for a mainstream retail user base. Two things distinguish it from a typical integration announcement: it was adopted from block zero rather than retrofitted, and it is independently confirmed by Robinhood's own developer documentation, which tells external developers to read Chainlink feeds as the canonical price source. Recorded as consumer fintech rather than institutional adoption.
Verified from both parties independently — Robinhood's own technical documentation confirms Chainlink price feeds for Stock Tokens, and Chainlink's documentation describes the corresponding tokenized equity feeds. Additionally reported by PRNewswire, StreetInsider, International Finance and Global Fintech Series
Topics: Robinhood, Robinhood Chain, Stock Tokens, Tokenized Equities, CCIP, Data Feeds, Data Streams, Arbitrum, RWA, Consumer Fintech
