Chainlink CCIP Secures Exclusive Role as Bridge for Coinbase's $7B Wrapped Asset Ecosystem

Coinbase has selected Chainlink's Cross-Chain Interoperability Protocol (CCIP) as the exclusive bridging infrastructure for its entire lineup of Coinbase Wrapped Assets. This partnership, announced on December 15, 2025, positions CCIP to facilitate the cross-chain transfer and expansion of wrapped tokens with an aggregate market capitalization of approximately $7 billion.

The affected wrapped assets include cbBTC, cbETH, cbDOGE, cbLTC, cbADA, and cbXRP. Chainlink CCIP will provide the foundational layer for bridging these assets across different blockchain ecosystems. The protocol leverages the same decentralized oracle networks that currently secure over 70% of the global DeFi market and have enabled more than $27 trillion in transaction volume.

This announcement follows closely on the heels of Base's (Coinbase's layer-2 network) recent launch of a Base-Solana bridge, which is also secured by Chainlink CCIP. The selection underscores Chainlink's growing dominance as an industry-standard oracle platform, which it claims brings capital markets onchain and powers the majority of decentralized finance.

In a separate but related development, Chainlink confirmed 15 new integrations across 10 different chains and six services in the past week alone. The chains integrating with Chainlink standards include Arbitrum, Avalanche, Base, BNB Chain, Ethereum, MapleStory Universe, Optimism, Solana, Stable, and Tempo. New integrations have also been established with entities like Ascend Protocol, Neox, Pendle, and Codatta.

The company's institutional footprint continues to expand, with reported partnerships with major financial institutions and market infrastructures such as SWIFT, DTCC, Euroclear, UBS, and Wellington Management. Chainlink's third-quarter 2025 report highlighted a historic milestone, with its Total Value Secured (TVS) reaching $100 billion, which it attributes to rising integrations and existing users like Aave. The company claims approximately 70% dominance in the oracle market share.

Chainlink's business model involves converting offchain and onchain revenue from enterprise adoption into LINK tokens, which are then stored in a strategic Chainlink Reserve. The company's broader vision, as stated in the announcement, aligns with creating economic freedom and updating the financial system through onchain activity.