diff --git a/RELEASE-NOTES.txt b/RELEASE-NOTES.txt
index 3fe5f5ae9d..decd1af7a3 100644
--- a/RELEASE-NOTES.txt
+++ b/RELEASE-NOTES.txt
@@ -4,6 +4,7 @@ Unreleased
 * [*] [Embed block] Included Link in Block Settings [https://github.com/wordpress-mobile/gutenberg-mobile/pull/4189]
 * [**] Fix tab titles translation of inserter menu [https://github.com/wordpress-mobile/gutenberg-mobile/pull/4248]
 * [**] [Gallery block] When a gallery block is added, the media options are auto opened for v2 of the Gallery block. [https://github.com/wordpress-mobile/gutenberg-mobile/pull/4277]
+* [**] Fix undo/redo functionality in links when applying text format [https://github.com/wordpress-mobile/gutenberg-mobile/pull/4290]
 
 1.66.0
 ---
diff --git a/gutenberg b/gutenberg
index f68b6cae46..c2baea1c3a 160000
--- a/gutenberg
+++ b/gutenberg
@@ -1 +1 @@
-Subproject commit f68b6cae4695d293e097cebd5727ec8af9a9ac7b
+Subproject commit c2baea1c3af1f47b03ba7dcf2f18d44b949aa3ae