BitGo has replaced LayerZero with Chainlink's Cross-Chain Interoperability Protocol (CCIP) as the exclusive provider for cross-chain transfers of Wrapped Bitcoin (WBTC), worth $7.3 billion. This migration increases the total value of assets moving from LayerZero to Chainlink CCIP to about $14.6 billion, following security concerns after a major exploit earlier this year. The new setup allows BitGo to maintain direct control over token contracts, transfer limits, and operational settings, enhancing security and operational oversight. The migration is part of BitGo's broader strategy to expand institutional digital asset services and improve cross-chain infrastructure, though no timeline for full deployment has been disclosed yet.
Chainlink co-founder Sergey Nazarov predicts a major rise in tokenized equity trading following the SEC's new Innovation Exemption, a five-year framework allowing onchain trading of US stocks. This regulatory change could transform stock markets by e...
Chainlink has been named the official data oracle for Open USD (OUSD), a new stablecoin launched on multiple blockchains with over $1 billion in liquidity from Coinbase, Mastercard, Shopify, Stripe, and Visa. OUSD allows fee-free minting and burning ...
Chainlink recently launched its Cross Chain Interoperability Protocol 2.0, enhancing control over asset flows between blockchains amid rising institutional interest in tokenization and stablecoins. Institutional investors like Grayscale and Bitwise a...
Chainlink's LINK token fell 6.5% to $14.14 on September 30, 2026, following a peak of $15.44 triggered by news that financial institutions can connect to Swift's blockchain ledger via Chainlink. This pullback is seen as profit-taking after a nearly 4...
Chainlink has introduced Fulcrum, a platform enabling banks, hedge funds, and other institutions to manage collateral and financing transactions across multiple blockchains around the clock. This innovation addresses the traditional limitation of col...
