BitGo Switches WBTC From LayerZero To Chainlink CCIP

BitGo has replaced LayerZero with Chainlink CCIP for $7.3 billion WBTC cross-chain transfers.

Summary

  • BitGo has selected Chainlink CCIP as the exclusive cross chain provider for its $7.3 billion Wrapped Bitcoin ecosystem, replacing LayerZero.
  • The migration brings the total value of announced LayerZero to Chainlink CCIP transitions to about $14.6 billion.
  • BitGo said the new setup lets it retain control over WBTC token contracts, transfer limits and cross chain settings.

According to CoinDesk, crypto infrastructure company BitGo has selected Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the exclusive cross-chain provider for Wrapped Bitcoin (WBTC), replacing LayerZero in a move that brings the total value of publicly announced migrations from LayerZero to Chainlink’s infrastructure to roughly $14.6 billion.

BitGo said the migration will standardize WBTC deployments around Chainlink’s Cross-Chain Token (CCT) standard while using CCIP by default for future digital assets it issues. The company added that the design allows it to retain direct control over token contracts, transfer limits and other operational settings instead of handing those functions to an external bridge provider.

WBTC is the largest tokenized version of Bitcoin, with a market capitalization of about $7.4 billion, according to CoinMarketCap. Because the token is widely used across decentralized finance applications outside the Bitcoin network, the migration represents one of the largest cross-chain infrastructure changes announced this year.

Chainlink CCIP expands after industry migrations

The latest announcement follows a series of similar moves made after the $292 million exploit involving Kelp DAO’s LayerZero-powered bridge earlier this year. Following that incident, several crypto projects disclosed plans to replace LayerZero with Chainlink CCIP for their cross-chain infrastructure.

Earlier migration announcements came from Mantle, Lombard, Aave, and Kraken, among others. With BitGo now adding WBTC to the list, the combined value of assets covered by announced migrations has climbed to nearly $15 billion.

Chainlink’s directory already lists CCIP-enabled WBTC pools on Ethereum and Ronin. Neither BitGo nor Chainlink disclosed when the migration across all supported blockchain networks will be completed.

Before the switch, BitGo had adopted LayerZero in 2024 to expand WBTC onto Avalanche and BNB Chain. Under that arrangement, each cross-chain transfer required approval from BitGo’s own verifier together with either LayerZero or Polyhedra before a transaction could proceed.

BitGo keeps operational control over WBTC

BitGo said its new setup is designed to preserve operational control while simplifying cross-chain deployments. Under the CCT standard, the company will continue managing token contracts, configure transfer rate limits and adjust cross-chain settings directly.

The announcement comes as BitGo continues expanding services for institutional digital asset clients beyond traditional custody.

Earlier this week, the company introduced BitGo Link, a treasury management platform that gives institutional clients a single dashboard to monitor balances and move assets across BitGo custody accounts and connected cryptocurrency exchanges. The platform also routes transfers through BitGo’s Policy Engine, allowing firms to apply internal approval workflows and permission controls across participating venues.

Separately, BitGo has continued adding security-focused products to its institutional offering. In July, the company launched four quantum-risk management tools for supported Bitcoin multisignature wallets, including a Quantum Risk Score, an exposed-address remediation workflow, updated UTXO selection and new default address controls to help institutions measure and reduce public-key exposure before quantum computing becomes a practical threat.

Migration follows BitGo’s institutional infrastructure push

Recent product launches indicate that BitGo has been adding new infrastructure around custody, settlement and asset management while continuing to expand its institutional business.

BitGo Link complements the company’s existing Go Network and BitGo Prime services by helping treasury teams manage capital distributed across external exchange accounts instead of limiting workflows to assets held within qualified custody. Earlier this year, the company also expanded controlled custody access to decentralized finance protocols including Aave, Spark and Tesseract.

The WBTC migration fits into that strategy by replacing one part of the company’s cross-chain infrastructure while maintaining direct oversight of asset transfers.

BitGo did not announce any changes for existing WBTC holders beyond the migration to CCIP, nor did it disclose whether additional assets currently using LayerZero will also move to Chainlink in the future.

The company has also not provided a rollout schedule for the migration, leaving the timing of full deployment across supported blockchain networks undisclosed.

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