A compliant platform expands asset wrapping and integrates with Chainlink CCIP

MEVictim · 2025-12-12T17:32:04+00:00

Coinbase selects Chainlink's cross-chain interoperability protocol (CCIP) as the exclusive bridge for all its wrapped assets, supporting cross-chain transfers of assets with a total market value of $7 billion, including cbBTC, cbETH, and more, to enhance the ecosystem development of wrapped assets.

MEVictim

2025-12-12 17:32:04

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Source: CryptoNewsNet Original Title: Coinbase Expands Wrapped Assets with Chainlink CCIP Original Link: A major publicly listed digital asset company has selected Chainlink’s Cross-Chain Interoperability Protocol as the exclusive bridge for all wrapped assets. Chainlink is an oracle infrastructure provider securing data and cross-chain operations for blockchain ecosystems. The integration will support cross-chain transfers and broader expansion of wrapped tokens.

Wrapped assets include cbBTC, cbETH, cbDOGE, cbLTC, cbADA, and cbXRP, with a combined market cap of about $7 billion. The companies report that CCIP will provide a unified and secure foundation for moving these assets between networks.

Chainlink CCIP relies on decentralized oracle networks that secure a large share of global DeFi and have processed over $27 trillion in transaction volume. The platform expects that exclusive use of CCIP will streamline ecosystem growth for wrapped assets.

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LiquidationSurvivor

· 2025-12-15 17:24

A scale of 7 billion dollars, Coinbase has really gone all out this time... Did Chainlink win again?

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DeFiChef

· 2025-12-15 17:12

Coinbase's move is quite good; using Chainlink as a bridge for the $7 billion scale is indeed a solid choice.

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DustCollector

· 2025-12-12 18:02

Are cbBTC and cbETH directly bridged using Chainlink? Coinbase is really betting on CCIP now. If the liquidity of assets in the $7 billion range goes smoothly, Chainlink's moat becomes even thicker.

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NervousFingers

· 2025-12-12 18:01

cbBTC seems ready to take off, but Chainlink has snagged a big order again. The landscape looks quite interesting.

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DefiPlaybook

· 2025-12-12 17:37

According to data, Coinbase's move to pack $7 billion worth of assets into Chainlink CCIP is somewhat a gamble from a risk perspective... It is worth noting that if there are issues with the cross-chain bridging layer, how will this level of liquidity risk be managed?

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