TECHNOLOGYTHE BLOCK
BitGo moves $7.4 billion Wrapped Bitcoins to Chainlink CCIP in latest LayerZero exodus
BitGo has moved $7.4 billion in Wrapped Bitcoin (WBTC) to Chainlink CCIP, contributing to a total migration of nearly $15 billion from LayerZero to Chainlink. WBTC represents the largest single shift in this migration.
Related Signal
Adjacent reporting
- Over $7.2 billion have migrated from LayerZero to Chainlink CCIP as Mantle joins exodus
- Chainlink CCIP gains over $2.5 billion in TVL from protocols migrating from LayerZero, with Kraken Bitcoin the latest to join
- Kraken to Migrate Wrapped Bitcoin Tech to Chainlink as LayerZero Exodus Expands
- Solv Protocol Migrates From LayerZero to Chainlink CCIP as Its Official Cross-Chain Infrastructure for $700M+ in Tokenized BTC
- Solv Protocol Will Dump LayerZero, Migrate $700M Tokenized Bitcoin Tech to Chainlink