Coinbase has selected Chainlink’s Cross-Chain Interoperability Protocol as the exclusive bridging solution for all Coinbase Wrapped Assets, a move aimed at expanding their reach across blockchain ecosystems. The wrapped asset suite, which includes cbBTC, cbETH, cbDOGE, cbLTC, cbADA, and cbXRP, currently represents roughly $7 billion in market capitalization. Coinbase said the decision reflects its focus on infrastructure reliability and alignment with institutional security standards.
Chainlink’s CCIP is built on decentralized oracle networks that secure more than 70% of global DeFi and have supported over $27 trillion in transaction volume. By integrating CCIP, Coinbase gains a standardized framework for cross-chain transfers, enabling its wrapped assets to scale into new environments with lower operational risk. Executives from both firms highlighted security, market readiness, and interoperability as central factors driving the partnership, adding to recent developments such as the Base-Solana bridge launch.
The collaboration underscores a broader trend of exchanges and infrastructure providers prioritizing unified cross-chain standards as tokenized and wrapped assets gain institutional traction. Chainlink’s expanding roster of enterprise users, including major financial institutions, reflects increasing adoption of onchain interoperability frameworks. For Coinbase, the exclusive integration supports its strategy to enhance onchain activity and expand institutional-grade asset infrastructure.
