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BitGo shifts $7.3B wrapped Bitcoin cross-chain operations to Chainlink CCIP for unified control.

Market News
04 Aug 2026
Blockonomi
View Source
Bullish
pluang ai news

BitGo is moving $7.3 billion of wrapped Bitcoin (WBTC) cross-chain operations from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP), making Chainlink the exclusive infrastructure for WBTC. This transition consolidates BitGo's token deployments under Chainlink's Cross-Chain Token standard, allowing BitGo to maintain full control over smart contract governance and transfer rules. The move follows a broader industry trend away from LayerZero after security concerns, with other major protocols also migrating to Chainlink. While no full timeline has been shared, current WBTC holders will see no immediate changes beyond backend updates, and BitGo aims to standardize future cross-chain asset issuance securely under this framework.

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