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Swell to Integrate Chainlink CCIP for Secure Cross-Chain swETH Transfers

Twitter icon  •  Published 1 year ago on December 4, 2023  •  Hassan Maishera

Chainlink announced via X (formerly Twitter) on Friday that Swell will be integrating with Chainlink’s industry-standard Cross-Chain Interoperability Protocol (CCIP) for secure cross-chain interoperability across Arbitrum and Ethereum.

Swell to Integrate Chainlink CCIP for Secure Cross-Chain swETH Transfers

Chainlink announced via X (formerly Twitter) on Friday that Swell will be integrating with Chainlink’s industry-standard Cross-Chain Interoperability Protocol (CCIP) for secure cross-chain interoperability across Arbitrum and Ethereum.

By integrating Chainlink CCIP’s Simplified Token Transfers solution, Swell is enabling the highly secure, reliable, and scalable cross-chain transfer of its liquid staking token, swETH, the Swell team added. 

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by less than 1% over the past 24 hours and is trading at $15.883 at press time.

 

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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