Coinbase Selects Chainlink CCIP to Power Exclusive Cross-Chain Expansion for Wrapped Assets

TLDR;

• Coinbase names Chainlink CCIP as its sole bridge provider to expand wrapped assets across new blockchain networks.
• The collaboration supports cbBTC, cbETH, cbDOGE and others, representing a combined $7B wrapped asset market cap.
• Chainlink CCIP leverages decentralized oracle networks already securing more than 70% of global DeFi activity.
• Coinbase expects seamless cross-chain transfers as CCIP builds on trillions in processed secure transaction volume.

Coinbase Selects Chainlink CCIP as the exclusive bridge provider for Coinbase Wrapped Assets, marking a new phase in the company’s multi-chain expansion strategy. 

The two firms confirmed the collaboration on December 11, 2025, stating that CCIP will support the movement of wrapped assets across additional blockchain ecosystems.

The decision introduces a unified framework for transferring cbBTC, cbETH, cbDOGE, cbLTC, cbADA, and cbXRP, which currently hold a combined market cap of about $7 billion. 

Coinbase noted that the partnership was driven by the need for a secure, reliable, and scalable cross-chain network.

Chainlink CCIP Becomes the Exclusive Bridge Framework

Coinbase announced through its official channels that Chainlink CCIP will serve as the sole infrastructure for bridging its wrapped assets. 

The post reiterated that the protocol already secures most DeFi transactions and is engineered to manage large-scale cross-chain activity. 

This move provides Coinbase Wrapped Assets with access to a network known for high uptime and consistent performance.

Chainlink’s infrastructure uses decentralized oracle networks that support more than 70% of DeFi globally. These networks have already processed over $27 trillion in transaction volume across multiple environments. 

Their operational history formed a major part of the selection criteria. Coinbase emphasized that CCIP aligns with its requirement for resilient, audited systems that protect assets as they move between chains.

Josh Leavitt, Senior Director of Product Management at Coinbase, explained that CCIP offered a dependable way to expand wrapped asset availability. He stated that the choice was based on Chainlink’s record in delivering stable cross-chain connectivity.

His remarks supported the broader message from Coinbase that the focus remains on secure ecosystem growth.

Growth Path for Coinbase Wrapped Assets

The partnership is expected to accelerate the rollout of wrapped assets into new blockchain ecosystems. 

Coinbase suggested that CCIP’s standardized communication model will allow wrapped assets to use consistent methods for transfers, reducing friction for developers and users. This foundation supports broader adoption as the wrapped asset market evolves.

William Reilly, Head of Strategic Initiatives at Chainlink, commented that Coinbase selected CCIP for its demonstrated security and long-term operational reliability. 

His statement reinforced that both companies share similar expectations regarding infrastructure demands. The alignment provides a clear direction for the expansion of the wrapped asset suite.

This development follows the recent launch of the Base-Solana Bridge, which is also secured by Chainlink CCIP. 

That release indicated a coordinated cross-chain strategy across Coinbase-linked networks. With CCIP now serving as the exclusive bridge mechanism, Coinbase Wrapped Assets are prepared for broader deployment in additional blockchain environments.