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Two of the largest retail-facing platforms in crypto are now connected through a single piece of infrastructure. Coinbase’s wrapped Bitcoin product, cbBTC, is available on Robinhood Chain, with Chainlink’s Cross-Chain Interoperability Protocol serving as the bridge that makes it all work.
The expansion effectively links Coinbase’s wrapped asset ecosystem, valued at roughly $7 billion when the partnership was first struck, to Robinhood’s freshly launched Layer-2 blockchain. For users, it means Bitcoin-backed assets can now flow between platforms that collectively serve tens of millions of customers.
How the plumbing works
The connection traces back to December 2025, when Coinbase designated Chainlink CCIP as the exclusive bridge for its entire suite of wrapped assets. That includes cbBTC, cbETH, and other tokenized products that represent underlying crypto holdings on different chains.
Robinhood Chain, which went live on July 1, 2026, was built with this interoperability baked in from day one. The network runs on Arbitrum Orbit technology, an Ethereum Layer-2 framework, and integrated Chainlink as its official data and cross-chain oracle provider at launch.
That dual role matters. Chainlink isn’t just moving assets between chains for Robinhood. It’s also providing the price feeds that power trading on the platform, including feeds for over 190 stock tokens that Robinhood now offers as tokenized equities.
The scale behind the infrastructure
Chainlink’s position as the connective tissue between these platforms isn’t accidental. The oracle network secures over 70% of total value locked across decentralized finance and has facilitated more than $31 trillion in cumulative transaction volume.
The cbBTC expansion to Robinhood Chain didn’t arrive with a standalone announcement. The infrastructure was already in place through the existing Coinbase-Chainlink CCIP relationship. Once Robinhood Chain launched with CCIP support, the pathway for Coinbase’s wrapped assets to reach Robinhood’s users was essentially automatic.
Why this matters for retail investors
Robinhood’s decision to offer tokenized equities alongside crypto assets on the same chain adds another dimension. A user could theoretically hold tokenized Apple stock and cbBTC in the same wallet, with both assets priced by the same Chainlink oracle infrastructure.
For Coinbase, the expansion extends the reach of its wrapped asset products beyond its own ecosystem. Every chain that supports CCIP becomes a potential distribution channel for cbBTC and cbETH. Coinbase gets wider distribution for its wrapped assets. Robinhood gets access to proven, liquid tokenized Bitcoin without building its own wrapped product from scratch.
The risk profile isn’t zero. Concentrating cross-chain transfers and price feeds in a single provider creates a dependency that both platforms will need to monitor. But the alternative, a patchwork of custom bridges and oracle solutions, has historically produced far worse outcomes in terms of security and reliability.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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