BitGo moves $7.4B WBTC to Chainlink CCIP

Custody firm BitGo announced on Tuesday, August 4, 2026, that it is migrating the cross-chain infrastructure for its Wrapped Bitcoin (WBTC) to Chainlink's Cross-Chain Interoperability Protocol (CCIP). The move, which covers approximately $7.4 billion in tokenized Bitcoin, designates Chainlink as the exclusive interoperability provider for WBTC and for all future digital assets issued by BitGo.

The migration marks a significant shift away from LayerZero, which had been WBTC's previous cross-chain provider. The decision is part of a broader industry trend following a $292 million exploit of a LayerZero-powered bridge used by Kelp DAO earlier this year. That incident heightened scrutiny of bridge security configurations. With the addition of WBTC, the total value of publicly announced migrations from LayerZero to Chainlink's CCIP now approaches $15 billion.

BitGo CEO Mike Belshe stated that the firm's priority is institutional risk management and that the CCIP protocol delivers the operational reliability and compliance standards required by its clients. The new infrastructure will allow BitGo to retain direct control over WBTC token contracts, transfer limits, and other security...