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The Defiant 2025-04-25 20:05:10

Ronin Network Migrates $450M Legacy Bridge Across 12 Assets to Chainlink CCIP With New WBTC Contract

Ronin Network Migrates $450M Legacy Bridge Across 12 Assets to Chainlink CCIP With New WBTC Contract

Ronin Network has completed the migration of its legacy Ronin Bridge to Chainlink's Cross-Chain Interoperability Protocol (CCIP), transferring over $450 million in total value locked (TVL) across 12 assets. This migration marks CCIP as the canonical cross-chain infrastructure for Ronin, enabling secure bridging of tokens such as ETH, WETH, USDC, AXS, and WBTC, with the latter now available for 1:1 swaps on a new contract. The transition followed a competitive request for proposal (RFP) process and was selected by the Ronin validator community for its industry-leading security features. Chainlink recently introduced an upgrade to CCIP called "Token Developer Attestations," an opt-in security layer allowing asset issuers to verify their cross-chain tokens. Additionally, Chainlink has expanded its services across multiple blockchains, including ApeChain and Gnosis Chain for Data Streams and several testnets for CCIP. This collaboration highlights Chainlink's role as a foundational technology in blockchain infrastructure and cross-chain interoperability. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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