BitGo Shifts $7.3 Billion Wrapped Bitcoin to Chainlink CCIP

The migration, which brings the total volume of assets shifting from LayerZero to Chainlink CCIP to roughly $14.6 billion, standardizes WBTC deployments under Chainlink’s Cross-Chain Token (CCT) standard. BitGo stated that the new architecture allows the firm to retain direct authority over token contracts, transfer limits, and operational configurations, rather than delegating these functions to an external bridge provider. This move follows a broader industry trend of migrating to Chainlink’s infrastructure, a shift that accelerated after security incidents involving LayerZero-powered bridges earlier this year.

While the market capitalization of WBTC sits at approximately $7.4 billion, the scale of this change represents one of the largest infrastructure adjustments in decentralized finance this year. Other entities, including Aave, Mantle, and Kraken, have previously announced similar transitions. Despite the announcement, BitGo has not provided a specific timeline for the full rollout across supported blockchain networks, nor did it confirm if other assets currently utilizing LayerZero would follow suit. The new system is designed to integrate with BitGo’s expanding suite of institutional tools, which recently saw the launch of the BitGo Link treasury management platform and various quantum-risk management utilities.