Robinhood Chain Chooses Chainlink as Oracle Platform

Odaily News Today, Robinhood announced the launch of its public testnet and selected Chainlink as the oracle platform for Robinhood Chain. Robinhood Chain is a financial-grade Ethereum Layer 2 network built on Arbitrum, designed to support real-world assets. Developers can leverage Chainlink's data, interoperability, and compliance standards to build advanced tokenization use cases on Robinhood Chain.

Nicola White, Vice President of Robinhood Crypto Institutions, stated at Consensus Hong Kong that institutions have spent decades exploring processes and procedures, and we are working to help them leap to the next level of technology and innovation. Therefore, Robinhood believes it should start at the infrastructure level, committed to enabling institutions to achieve higher levels of technological innovation, allowing them to build confidence in on-chain issuance and become accustomed to processes such as DvP and atomic settlement. The integration of DeFi and institutions will take a bit longer at the application level. It is necessary to introduce some best practice tools into this field to alleviate their fears about DeFi and truly understand the benefits and efficiency of related products.