Bittensor’s TAO Launches on Robinhood Chain via Chainlink CCIP
- TAO is now live on Robinhood Chain, achieving a 1:1 native presence through a bridge built by Forever Money using Chainlink CCIP.
- This launch follows TAO’s expansion onto Base in August, entering an L2 that processes billions in weekly DEX volume.
- Bridged TAO remains wrapped access and does not affect Bittensor’s underlying consensus, with risks managed by Forever Money and CCIP.
- Robinhood Chain, launched in July as an Arbitrum Orbit L2, quickly became the No.2 spot on Uniswap.
- As of now, TAO trades in the mid-$230s after peaking at $265 following the news of its integration.
The integration enhances TAO’s distribution potential by tapping into a new liquidity environment while maintaining its original structure. With Robinhood Chain posting over $2.66M in single-day app revenue, the focus will be on whether TAO can establish deeper liquidity pools.
As TAO enters this new market space, its recent trading activity reflects significant interest, especially after the launch on Robinhood Chain.(Source)
