Web3 Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Coinbase Taps Chainlink CCIP as Sole Bridge for Web3 Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Coinbase Taps Chainlink CCIP as Sole Bridge for

Coinbase Taps Chainlink CCIP as Sole Bridge for $7B in Wrapped Tokens Across Chains

2025/12/11 23:00
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

Coinbase Taps Chainlink CCIP as Sole Bridge for $7B in Wrapped Tokens Across Chains

The integration enables users to move these assets across different networks and applications, leveraging Chainlink's secure oracle networks.

By Francisco Rodrigues|Edited by Jamie Crawley
Dec 11, 2025, 3:00 p.m.
Coinbase

What to know:

  • Coinbase has tapped Chainlink's Cross-Chain Interoperability Protocol (CCIP) for its wrapped assets, worth around $7 billion.
  • CCIP will enable users to move assets across different networks and applications, leveraging Chainlink's secure oracle networks.
  • The deal aims to improve cross-chain security and reduce risk, using CCIP's decentralized node-based design.

Coinbase has picked Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the exclusive bridge for all Coinbase Wrapped Assets, linking them to the same Chainlink oracle networks that feed price and other data to decentralized finance (DeFi) protocols, the firms announced on Thursday.

The deal covers tokens such as cbBTC, cbETH, cbDOGE, cbLTC, cbADA and cbXRP, which together hold about $7 billion in market value at the time of writing. These wrapped versions represent assets held by Coinbase and let users move exposure into other networks and applications that do not natively support those coins.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the The Protocol Newsletter today. See all newsletters
Sign me up

Through these wrapped assets users can, for example, leverage bitcoin BTC$89,861.93 in the form of cbBTC within the decentralized finance (DeFi) ecosystem of various networks, including Base and Solana.

Cross-chain bridges have been one of crypto’s main failure points, with several high-profile exploits in recent years. CCIP routes messages and value between chains through a decentralized set of nodes rather than a single multisig or bespoke bridge for each pair of networks, a design that aims to cut operator risk.

“We chose Chainlink because they are an industry leader for cross-chain connectivity,” said Josh Leavitt, senior director of product management at Coinbase. William Reilly, head of strategic initiatives at Chainlink, said the tie-up is meant to “accelerate the growth of Coinbase’s wrapped assets.”

The announcement comes soon after a new bridge connecting Base, Ethereum layer-2 network built by Coinbase, and the Solana blockchain went live on mainnet. That bridge is also secured by Chainlink’s CCIP.

ChainlinkCoinbaseBase

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

Coinbase, Chainlink Introduce Base-Solana Bridge to Link Ecosystems

The bridge, secured by Chainlink's Cross-Chain Interoperability Protocol, allows users to trade and interact with Solana-based tokens on Base-based dapps.

What to know:

  • A new bridge connecting Base, the layer 2 incubated by Coinbase, and the Solana blockchain is now live on mainnet, enabling asset transfers between the two ecosystems.
  • The bridge, secured by Chainlink's Cross-Chain Interoperability Protocol, allows users to trade and interact with Solana-based tokens on Base-based decentralized applications.
  • The open-source bridge on GitHub enables developers to integrate cross-chain support, marking a step toward interconnected blockchains and "always-on" capital markets, with more chains expected to be linked in the future.
Read full story
Latest Crypto News

BONK Extends Slide as Resistance Rejection Pushes Token Back Toward Support

Hong Kong's OSL Group to Offer U.S.-Regulated Stablecoin with Anchorage Digital

Most Influential: The Social Media Traders

Most Influential: Sirgoo Lee

Most Influential: Shayne Coplan

Most Influential: Arthur Hayes

Top Stories

Fifth XRP Spot ETF on the Way After CBOE Approval of 21Shares Application

Crypto Trading Volumes Deteriorated Across Board Last Month as Market Slumped: JPMorgan

Klarna Partners With Privy to Explore Crypto Wallet Use Within its Ecosystem

Cardano Ecosystem Gets a Privacy Boost as Midnight’s NIGHT Goes Live

Bitcoin Pulls Back to $90K as Oracle Results Sour Market Mood: Crypto Daybook Americas

U.S. Senate's Crypto Market Structure Bill Gets Messy as Calendar Weighs Down

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.