Chainlink powers Coinbase’s cbBTC expansion to Robinhood Chain
Property	Value	Type
Title	Chainlink powers Coinbase’s cbBTC expansion to Robinhood Chain	metadata
Category	price	metadata
Subcategory	price	metadata
Sentiment	neutral	metadata
Published Date	2026-08-27T13:15:37.668Z	metadata
Trustworthy	no	metadata
Content	Chainlink is powering Coinbase’s cbBTC deployment on Robinhood Chain by providing the oracle and pricing infrastructure to help maintain peg and enable cbBTC utility on the new chain. Separately, Bitcoin treasury companies have lost roughly $80 billion as their business models unwind, reflecting large unrealized losses and institutional retrenchment. The implication for Bitcoin is mixed: the Chainlink-enabled cbBTC expansion should boost tokenized-BTC interoperability and on-chain liquidity, but...	content
Citation 1	https://cryptobriefing.com/chainlink-cbbtc-robinhood-chain-expansion/	source
Citation 2	https://cryptobriefing.com/bitcoin-treasury-companies-lose-80b/	source

Chainlink powers Coinbase’s cbBTC expansion to Robinhood Chain

Aug 27, 2026

price

Chainlink is powering Coinbase’s cbBTC deployment on Robinhood Chain by providing the oracle and pricing infrastructure to help maintain peg and enable cbBTC utility on the new chain. Separately, Bitcoin treasury companies have lost roughly $80 billion as their business models unwind, reflecting large unrealized losses and institutional retrenchment. The implication for Bitcoin is mixed: the Chainlink-enabled cbBTC expansion should boost tokenized-BTC interoperability and on-chain liquidity, but heavy institutional losses increase sell pressure and downside volatility that could limit sustained price gains.

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Sources (2)

https://cryptobriefing.com/chainlink-cbbtc-robinhood-chain-expansion/https://cryptobriefing.com/bitcoin-treasury-companies-lose-80b/

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