BitGo is swapping LayerZero for Chainlink CCIP to manage cross-chain movement of its Wrapped Bitcoin ecosystem worth $7.3 billion. The infrastructure company made the shift to Chainlink's Cross-Chain Interoperability Protocol, keeping direct control over token contracts and transfer limits rather than delegating those functions to an external bridge operator.
This move joins a growing wave of crypto projects abandoning LayerZero after the Kelp DAO bridge incident earlier this year drained $292 million. Mantle, Lombard, Aave, and Kraken have all announced similar migrations to Chainlink's infrastructure. With BitGo now adding WBTC to the exodus, the total value of assets covered by public migration announcements has reached roughly $14.6 billion.
WBTC itself carries massive weight in the crypto ecosystem. The token represents the largest tokenized version of Bitcoin with a market cap around $7.4 billion and flows through countless decentralized finance applications built outside the Bitcoin network. That scale makes this infrastructure swap one of the year's most significant changes to how digital assets move between blockchains.
BitGo plans to standardize WBTC around Chainlink's Cross-Chain Token standard and use CCIP as the default for future assets it issues. Chainlink's directory already shows CCIP-enabled WBTC pools running on Ethereum and Ronin, though neither company has specified when the full migration across all supported networks wraps up.
This is informational content about industry developments, not financial or investment advice.
