BitGo Shifts $7.7B WBTC Cross-Chain Stack to Chainlink CCIP

BitGo said Tuesday it has moved the cross-chain infrastructure behind Wrapped Bitcoin (WBTC) to Chainlink's Cross-Chain Interoperability Protocol (CCIP), making CCIP its sole cross-chain provider for WBTC and the default interoperability layer for future BitGo-issued digital assets. The transition covers roughly $7.7 billion of WBTC, a token designed to mirror Bitcoin 1:1 on other networks such as Ethereum to support liquidity across decentralized finance. Cross-chain transfers rely on bridges that have historically been frequent targets for exploits, and BitGo said standardizing on CCIP is intended to align its risk model across operations and reduce fragmented access-control policies. Chainlink's CCIP routes are supported by at least 16 independent node operators spread across multiple regions and infrastructure providers, according to Chainlink documentation. BitGo pointed to issuer-configurable controls such as customizable transfer limits and transaction guardrails, which can automatically impose restrictions when unusual activity is detected. BitGo also plans to use Chainlink's Cross-Chain Token framework to deploy standardized WBTC versions across multiple blockchains while keeping contract control with the issuer and applying a consistent verification approach across supported environments. Chief Executive Officer Mike Belshe said the firm's focus is institutional risk management, adding that CCIP offers the operational reliability and compliance posture required by institutional clients expanding custody services to new networks. The switch comes amid broader industry migration away from LayerZero. Following the Kelp DAO security incident in April 2026, market data cited in reports indicates nearly $15 billion moved from LayerZero to Chainlink. Chainlink metrics show its infrastructure secures more than $110 billion across DeFi applications and has processed over $32 trillion in cumulative value. As of August 2026, industry estimates place Chainlink at about 70% coverage of the global DeFi ecosystem. Market participants are now watching for the on-chain rollout of WBTC via CCIP in the coming weeks and for additional BitGo-issued assets to be brought under the same interoperability standard.