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BitGo Moves $7.4B WBTC to Chainlink CCIP, Expanding Its Cross-Chain Lead
Chainlink is strengthening its position in cross-chain infrastructure after BitGo selected its Cross-Chain Interoperability Protocol (CCIP) as the exclusive provider for Wrapped Bitcoin (WBTC). This decision shifts around $7.4 billion worth of tokenized Bitcoin onto Chainlink's infrastructure. Furthermore, it brings the total value of publicly announced migrations from LayerZero to CCIP to roughly $14.6 billion.
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