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.