Chainlink CCIP Enhances Bridge Infrastructure, Expanding Coinbase Wrapped Assets to Additional Blockchains
SAN FRANCISCO, Dec. 11, 2025 /PRNewswire/ — Coinbase, the foremost publicly traded company in digital assets, in collaboration with Chainlink, the industry-recognized oracle platform, announced the appointment of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the exclusive bridging solution for all Coinbase Wrapped Assets, facilitating cross-chain transactions and growth.
The Wrapped Assets from Coinbase, including cbBTC, cbETH, cbDOGE, cbLTC, cbADA, and cbXRP, collectively have a market cap of around $7 billion.
Chainlink boasts a reliable infrastructure with a proven record of securing billions in assets. Its CCIP harnesses the same decentralized oracle networks responsible for over 70% of global DeFi, facilitating more than $27 trillion in transaction volume.
With Chainlink CCIP as the sole bridging provider, Coinbase Wrapped Assets are set for considerable expansion across different ecosystems. “We chose Chainlink due to their leadership in cross-chain connectivity, affording a dependable method to enhance Coinbase Wrapped Asset offerings.” — Josh Leavitt, Senior Director of Product Management at Coinbase.
“CCIP was selected for Coinbase‘s cross-chain requirements owing to its reliability and security. As a top publicly-listed digital asset company, Coinbase prioritizes the security and dependability of its products. I’m keen to see the growth of Coinbase‘s wrapped assets and contribute to the onchain financial revolution.” — William Reilly, Head of Strategic Initiatives at Chainlink.
This announcement follows Base‘s recent news of launching the Base-Solana Bridge, which is secured by Chainlink CCIP in collaboration with Coinbase.
About Chainlink
Chainlink is recognized as the industry’s leading oracle platform, facilitating onchain access for capital markets and powering a significant portion of decentralized finance (DeFi). It provides essential data, interoperability, compliance, and privacy standards crucial for complex blockchain applications. Since pioneering decentralized oracle networks, Chainlink has supported trillions in transaction value and now secures the majority of DeFi.
About Coinbase
Coinbase (NASDAQ: COIN) promotes economic freedom, allowing individuals to participate equitably in the economy. Coinbase is modernizing the financial system through a trusted platform that facilitates easy interaction with crypto assets, enhancing trading, staking, safekeeping, and rapid global transfers. Coinbase also supports builders and engages with the crypto community to advocate for responsible regulatory frameworks.
Disclaimer: The information provided is intended for informational purposes only and should not be interpreted as investment, financial, or trading advice. This is not an endorsement to buy or sell a specific digital asset or pursue any particular strategy.
SOURCE Chainlink; Coinbase
