BitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billion

FinanceBitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billionA migration wave followed a $292 million Kelp bridge exploit, with announced LayerZero-to-Chainlink moves now totaling $14.5 billion.By Francisco Rodrigues|Edited by Jamie Crawley Aug 4, 2026, 1:00 p.m. 2 min readMake preferred on ShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMake preferred on SummaryShowBitGo is set to replace LayerZero with Chainlink CCIP as the exclusive cross-chain provider for $7.3 billion of WBTC.A migration wave followed a $292 million Kelp bridge exploit, with announced LayerZero-to-Chainlink moves now totaling $14.5 billion.The crypto infrastructure firm will use CCIP for future assets while retaining control over token contracts, rate limits and transfer settings.Crypto infrastructure firm BitGo (BTGO) is set to replace LayerZero with Chainlink as the exclusive cross-chain provider for wrapped bitcoin (WBTC). The move pushes the value covered by announced LayerZero-to-Chainlink migrations to nearly $15 billion.The move forms part of a migration wave that started following the $292 million exploit of Kelp DAO’s LayerZero-powered bridge earlier this year, which increased scrutiny of LayerZero bridge configurations. Various other projects, including Mantle, Kelp, Lombard, Solv Protocol, Virtuals, Re and Kraken have since announced moves to Chainlink’s CCIP.WBTC is a tokenized representation of bitcoin designed to track its value. Unlike native bitcoin, it can be used in decentralized finance applications on other blockchains for trading, lending and collateral.WBTC currently has a market capitalization of about $7.4 billion, according to CoinMarketCap. Adding it to the $7.24 billion covered by earlier migration announcements takes the total funds moving their cross-chain infrastructure to CCIP to roughly $14.6 billion.BitGo said it will standardize WBTC deployments using Chainlink’s Cross-Chain Token standard and use CCIP by default for fut…

BitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billion

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