One of the most interesting projects in crypto in my view is Chainlink.
That’s because it’s very different than most chains. Chainlink is designed as an oracle network and an interoperability layer. It provides immutable data to industries and allows different cryptocurrencies to work together.
And besides on-chain revenue, it has off-chain revenue as well. Chainlink provides oracle services for both blockchain-based companies, and those who aren’t currently operating on-chain.
In other words, it’s a business.
One of the themes I’ve been exploring lately is how revenue correlates with price appreciation. Our early analysis shows that it correlates pretty strongly.
In other words, chains that bring in actual money see their prices increase more than those that don’t.
So with all that out of the way, I think the Chainlink parntership with Robinhood, which apparently is working on its own chain as well, seems like another win for a protocol that is bringing in actual revenue.
That’s grown in the last three years. Revenue went from roughly $5M estimated to $50-70M estimated. And that’s not to mention off-chain revenues, which seem to be close to $150 million. (This is all estimated, to be clear.)
Whether off-chain revenue will impact price is an open experiment right now.
But either way, it’s probably worth paying attention to Chainlink.
That leads our Friday crypto news breakdown:
Algorand Foundation announces Quantoz has become a direct Visa principal member, enabling issuance of regulated digital money on Algorand for virtual cards, BIN sponsorship, and real-world spending of e-money and stablecoins across the Visa network. Link: https://x.com/AlgoFoundation/status/2024605912527491267
Hedera sponsors the Global Fintech Network Forum during Japan Fintech Week (February 24-27), focusing on secure, scalable DLT infrastructure for modernizing cross-border finance and institutional adoption. Link: https://x.com/hedera/status/2024647690643263514
Chainlink highlights 24/7 trading for cryptocurrency futures and options launching on CME Group (pending regulatory review), expanding access to LINK futures on the world's largest derivatives exchange. Link: https://x.com/chainlink/status/2024587854370779546
Ondo Finance emphasizes its tokenized stocks and ETFs leverage traditional market liquidity (NYSE/Nasdaq real-time pricing) for brokerage-grade execution, negligible slippage, instant settlement, and composability in DeFi, with over 200 assets scaled since launch. Link: https://x.com/OndoFinance/status/2024576366365020607
Chainlink reaffirms its partnership with Robinhood as the oracle platform for Robinhood Chain testnet (Ethereum L2 on Arbitrum), supporting tokenized real-world and digital assets with secure data feeds, interoperability, and compliance tooling for builders. Link: https://x.com/chainlink/status/2024589745041326206
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