BitGo Selects Chainlink CCIP To Secure $7.7B WBTC Treasury
@BitGo has named @Chainlink CCIP as the exclusive cross-chain infrastructure for its Wrapped Bitcoin ($WBTC) treasury, replacing its previous bridging arrangement and standardizing the multi-
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AnonymousCryptoCompass newsroom
August 4, 2026
2 min read
NEWS
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@BitGo has named @Chainlink CCIP as the exclusive cross-chain infrastructure for its Wrapped Bitcoin ($WBTC) treasury, replacing its previous bridging arrangement and standardizing the multi-billion-dollar asset on a new security framework.
A Migration With Broader Context
The move is part of a wider industry shift away from LayerZero. BitGo is set to replace LayerZero with Chainlink as the exclusive cross-chain provider for $WBTC, a move that follows broader scrutiny of LayerZero bridge configurations after the $292 million exploit of Kelp DAO's LayerZero-powered bridge earlier this year.The decision pushes the total value covered by announced LayerZero-to-Chainlink migrations to nearly $15 billion.
BitGo said it will standardize $WBTC deployments using Chainlink's Cross-Chain Token (CCT) standard and use CCIP by default for future assets it issues, while retaining control of its token contracts and the ability to set rate limits and other transfer controls between blockchains.
Compliance-Grade Infrastructure
The compliance credentials of CCIP appear central to BitGo's decision, particularly given the firm's national trust bank charter. Chainlink is the only data and interoperability oracle platform meeting key institutional security standards, including SOC 2 Type 2, SOC 2 Type 1, and ISO/IEC 27001:2022 certification, validated by Big Four accounting firm Deloitte and Touche LLP.
CCIP supports the Cross-Chain Token standard, which allows self-serve deployments with full control and ownership for developers, enhanced programmability, and zero-slippage transfers, all backed by CCIP's defense-in-depth security architecture.The CCT standard also eliminates vendor lock-in by granting token issuers autonomy and ownership over their token contracts without inheriting or relying on any specific CCIP libraries or functions.
BitGo's adoption of CCIP reflects a broader institutional trend. Chainlink says more than $7 billion in token value moved onto its cross-chain infrastructure in the second quarter of 2026, as security concerns and tokenized-market growth expanded its role beyond price feeds.
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