BitGo Selects Chainlink CCIP as Exclusive Cross-Chain Infrastructure Provider

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BitGo (NYSE: BTGO) has migrated over $7.7 billion in Wrapped Bitcoin (WBTC) to Chainlink CCIP, according to on-chain news from Chainthink. The company has deprecated its previous cross-chain solution and now designates Chainlink CCIP as its exclusive cross-chain infrastructure provider. BitGo will standardize WBTC and all future assets on this institutional-grade interoperability platform, signaling increased institutional adoption.

ChainThink reports that on August 5, BitGo (NYSE: BTGO) migrated over $7.7 billion worth of Wrapped Bitcoin (WBTC) to Chainlink CCIP, according to Chainlink.

BitGo stated that, after review, the company has discontinued its previous traditional cross-chain solution and has selected Chainlink CCIP as its exclusive cross-chain infrastructure provider.

BitGo will also standardize WBTC and all future assets it issues to this institutional-grade interoperability solution.

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