Crypto

cbBTC Lands on Robinhood Chain with $7.5B in Liquidity

Guavy AI Editorial Team Published August 27, 2026

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BTC LINK

Coinbase's wrapped Bitcoin token, cbBTC, is now live on Robinhood Chain, powered by Chainlink's Cross-Chain Interoperability Protocol (CCIP). This integration brings over $7.5 billion in liquidity to the platform, making it a significant development for the decentralized finance (DeFi) ecosystem.

The cbBTC token is backed 1:1 by Bitcoin held in Coinbase Custody, and its circulation on Robinhood Chain is facilitated by CCIP. This means that users can now transfer cbBTC between chains without compromising security or adding additional trust assumptions.

According to William Reilly, Head of Strategic Initiatives at Chainlink Labs, the integration of cbBTC on Robinhood Chain unlocks significant potential for DeFi applications. 'Digital assets reach their full potential when they can move across ecosystems without compromising security,' he said.

cbBTC Lands on Robinhood Chain with $7.5B in Liquidity

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