BitGo Switches $7.3B WBTC Cross-Chain Service Provider to Chainlink CCIP
2026-08-04 13:01
Odaily News: Cryptocurrency infrastructure company BitGo will switch its exclusive cross-chain service provider for $7.3 billion worth of WBTC from LayerZero to Chainlink CCIP.
After the $292 million cross-chain bridge exploit at Kelp, multiple projects announced migrations from LayerZero to Chainlink, with disclosed migration volumes totaling $14.5 billion. BitGo will use CCIP for future assets while retaining control over token contracts, rate limits, and transfer settings.
After the $292 million cross-chain bridge exploit at Kelp, multiple projects announced migrations from LayerZero to Chainlink, with disclosed migration volumes totaling $14.5 billion. BitGo will use CCIP for future assets while retaining control over token contracts, rate limits, and transfer settings.
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