Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is the industry standard for cross-chain digital asset and data transfer. Leading DeFi protocols and decentralized exchanges as well as traditional financial institutions are integrating CCIP to unlock new use cases, markets, and onchain utility.
This week, Concero, a cross-chain aggregator, announced its CCIP integration across the Arbitrum, Avalanche, Base, Ethereum, and Polygon mainnets. Concero is employing CCIP’s token transfer capabilities to secure cross-chain transactions as part of a frictionless user experience.
Concero’s goal is to build a super dApp that serves a vast array of DeFi users across different chains. Earlier this year, Concero joined Chainlink BUILD to accelerate its ecosystem’s growth and the long-term adoption of cross-chain applications by leveraging the security and reliability of Chainlink’s oracle services.
As the industry-standard decentralized computing platform, Chainlink has enabled over $12 trillion in transaction value and provides a comprehensive suite of services that are critical for creating, securing, and updating tokenized assets across multiple blockchains. CCIP achieves the highest level of cross-chain security and features a separate Risk Management Network that independently monitors cross-chain functions for suspicious activity.
In an official announcement, Concero CEO and co-founder Andy Bohutsky underscored why Chainlink CCIP is the cornerstone of Concero’s product offerings including its cross-chain staking and DEX aggregator.
“Security is crucial for the Concero platform, and CCIP stands as the most secure cross-chain solution available,” he said. “This decision was a clear choice that will elevate Concero to the next level.”
To learn more about Concero, visit their website, X, and Discord.