CCIP Secures 70% of Wrapped Bitcoin Cross-Chain Market with $16B+ in Value

馃敆 Bitcoin's new highway

By Chainlink
Aug 7, 2026, 4:00 PM
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CCIP emerges as dominant cross-chain solution for wrapped Bitcoin

The WBTC migration positions Chainlink's Cross-Chain Interoperability Protocol (CCIP) as the leading infrastructure for moving Bitcoin across blockchains.​

Key metrics:

  • Nearly 70% market share of wrapped Bitcoin solutions
  • Over $16 billion in secured value
  • Minimum 16 independent node operators per bridge lane

Security features:

  • ISO 27001 and SOC 2 Type 2 certifications
  • Native rate limits acting as circuit breakers
  • Security-reviewed infrastructure

CCIP serves as the exclusive bridging infrastructure for Coinbase Wrapped Assets, enabling institutions to use cbBTC as collateral for lending, trade across DEXs, and earn DeFi yields.​

Sources

The WBTC migration is making CCIP the most widely adopted cross-chain solution for wrapped Bitcoin, set to secure nearly 70% of the market and $16B+ in value. When $BTC moves cross-chain, it moves through CCIP.

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NEW: @BitGo (NYSE: BTGO) migrates $7.7B+ Wrapped Bitcoin (WBTC) to Chainlink CCIP. After a rigorous review, BitGo deprecated its legacy bridging provider & chose CCIP as its exclusive cross-chain infra given it鈥檚 the only solution that meets institutional security requirements.

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