The story
The noun is derived from daisy + chain. The verb is derived from the noun.
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: A garland to be worn on the head, made (usually as a pastime) by sewing or otherwise linking the stems of the flowers of daisies (Bellis perennis) into a ring. Full definition →
The noun is derived from daisy + chain. The verb is derived from the noun.
Etymology from Wiktionary, CC BY-SA 4.0.