Due to its intrinsic electrical conductivity, polyaniline (PANI) is one of the most promising conducting polymers for high-performance applications in a wide range of technological fields. However, its poor dispersibility in water and organic solvents markedly imparts its processability and electrical conductivity. Herein, we report a green and one-step approach to preparing stable colloidal dispersions of highly dispersible hybrid nanoparticles by polymerizing PANI onto chitin nanocrystals (ChNCs) as biotemplates, via initiation through the surface amino groups of ChNCs. Evidence of the grafting of PANI onto ChNCs was supported by transmission electron microscopy (TEM), as well as Raman and Fourier-transform infrared (FTIR) spectroscopies. Nanocomposite films were prepared by mixing the PANI-g-ChNCs with a waterborne poly(vinyl acetate) latex dispersion followed by casting and film formation at room temperature. The mechanical properties were tested as a function of the PANI-g-ChNC content. In addition, it was shown that at a proper content of PANI in ChNCs, and over a critical loading in the PANI-g-ChNCs, a conductive film was obtained, without sacrificing the reinforcing effect of the rodlike nanofiller. As a potential application, conductive waterborne adhesives for wood were prepared and the performance of the adhesives was tested. This research provides a facile route to fabricating a new class of hybrid nanofiller from a biobased origin, stable in water and easy to mix with waterborne dispersions, combining the merits of the ChNC nanofiller with the conductivity of PANI.