I take it that it is rusty.
You might be able to restore it, firstly with plenty of wd40 or penetrating oil, spray it liberally on, and then with a toothbrush work it in to all the links and pins. Then wipe it all off and then repeat, several times until it is free.
Then, once it is clear of rust, clean thoroughly with chain cleaner, wiping it clean , and finally use a chain lube letting it get into the pins and rollers, before more wiping and cleaning.
Check the condition of the Chainrings and sprockets for rust and dirt.
Of course you could just buy a new chain.