Source: ETHNews
Original Title: Coinbase Makes a Bold Move: $7B in Wrapped Assets Now Ride on Chainlink’s CCIP
Original Link:
A compliant platform has taken a strategic step, announcing it will rely exclusively on Chainlink’s cross-chain interoperability protocol (CCIP) to bridge all wrapped assets. This ecosystem is currently valued at approximately $7 billion.
This move represents one of the strongest institutional endorsements of Chainlink’s security-first cross-chain connection solution.
A Single Bridge Solution Chosen for the Entire Wrapped Asset Ecosystem
This integration means that CCIP becomes the exclusive bridging solution for wrapped tokens issued by the compliant platform (such as WBTC), ensuring a unified standard for these assets as they move across blockchain environments. By consolidating the bridging infrastructure into a single system, the platform aims to eliminate fragmentation and improve interoperability within its ecosystem.
This also aligns with the platform’s broader multi-chain roadmap, which recently included the launch of a CCIP-secured bridge connecting its Ethereum Layer-2 network and Solana.
Building a Secure Architecture for Institutions
The compliant platform emphasizes that CCIP’s multi-layer security design is the primary reason for choosing it as the exclusive bridge. CCIP operates through the following mechanisms:
Dual decentralized oracle networks
Fully independent risk management network
Automated monitoring designed to flag issues before abnormal escalations
These mechanisms aim to prevent the high-profile vulnerabilities that plague other cross-chain bridges, making CCIP an attractive choice for custodians and institutions managing large amounts of tokenized assets.
Enhancing Cross-Chain Efficiency
This integration allows users of the platform to move wrapped assets across different blockchains with a consistent standard and reduced operational risks. This unified approach is expected to streamline user experience and boost liquidity distribution across networks, especially as tokenized assets continue to expand into new applications.
Institutional Momentum Continues to Grow
The platform’s decision adds to the growing list of major financial participants experimenting with or adopting CCIP. Projects from multiple financial institutions have already used Chainlink infrastructure in pilot projects involving tokenization, settlement, and cross-border financial messaging.
As the platform now submits its entire wrapped asset ecosystem to CCIP, Chainlink’s role as the backbone of institutional-grade interoperability continues to strengthen, pushing blockchain networks closer to a unified, secure, multi-chain functionality.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
A compliant platform has taken strategic measures: $7 billion worth of packaged assets are now bridged using Chainlink CCIP
![image] ( https://img-cdn.gateio.im/social/moments-713cdaf160-6c1d791409-153d09-6d5686)
Source: ETHNews Original Title: Coinbase Makes a Bold Move: $7B in Wrapped Assets Now Ride on Chainlink’s CCIP Original Link: A compliant platform has taken a strategic step, announcing it will rely exclusively on Chainlink’s cross-chain interoperability protocol (CCIP) to bridge all wrapped assets. This ecosystem is currently valued at approximately $7 billion.
This move represents one of the strongest institutional endorsements of Chainlink’s security-first cross-chain connection solution.
A Single Bridge Solution Chosen for the Entire Wrapped Asset Ecosystem
This integration means that CCIP becomes the exclusive bridging solution for wrapped tokens issued by the compliant platform (such as WBTC), ensuring a unified standard for these assets as they move across blockchain environments. By consolidating the bridging infrastructure into a single system, the platform aims to eliminate fragmentation and improve interoperability within its ecosystem.
![Coinbase] ( https://img-cdn.gateio.im/webp-social/moments-77f31cd8a5-56683f2df1-153d09-6d5686.webp)
This also aligns with the platform’s broader multi-chain roadmap, which recently included the launch of a CCIP-secured bridge connecting its Ethereum Layer-2 network and Solana.
Building a Secure Architecture for Institutions
The compliant platform emphasizes that CCIP’s multi-layer security design is the primary reason for choosing it as the exclusive bridge. CCIP operates through the following mechanisms:
These mechanisms aim to prevent the high-profile vulnerabilities that plague other cross-chain bridges, making CCIP an attractive choice for custodians and institutions managing large amounts of tokenized assets.
Enhancing Cross-Chain Efficiency
This integration allows users of the platform to move wrapped assets across different blockchains with a consistent standard and reduced operational risks. This unified approach is expected to streamline user experience and boost liquidity distribution across networks, especially as tokenized assets continue to expand into new applications.
Institutional Momentum Continues to Grow
The platform’s decision adds to the growing list of major financial participants experimenting with or adopting CCIP. Projects from multiple financial institutions have already used Chainlink infrastructure in pilot projects involving tokenization, settlement, and cross-border financial messaging.
As the platform now submits its entire wrapped asset ecosystem to CCIP, Chainlink’s role as the backbone of institutional-grade interoperability continues to strengthen, pushing blockchain networks closer to a unified, secure, multi-chain functionality.