Chainlink Gains BitGo WBTC as Migration Tally Hits $14.6 Billion

TLDR BitGo will replace LayerZero with Chainlink as WBTC’s exclusive cross-chain provider. The BitGo WBTC move raises the announced Chainlink migration assets to about $14.6 billion. WBTC currently has a market capitalization of approximately $7.4 billion. BitGo will use Chainlink’s Cross-Chain Token standard and CCIP for future assets. The structure lets BitGo control token contracts, [...]

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