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Celo Integrates Chainlink CCIP as Canonical Cross-Chain Infrastructure

Twitter icon  •  Published 7 months ago on May 30, 2024  •  Hassan Maishera

Celo announced via a Medium post on Wednesday that it has integrated Chainlink CCIP on the Celo network.

Celo Integrates Chainlink CCIP as Canonical Cross-Chain Infrastructure

Celo announced via a Medium post on Wednesday that it has integrated Chainlink CCIP on the Celo network. Chainlink’s interoperability solution provides the Celo ecosystem with unparalleled levels of cross-chain security and reliability, along with multiple cross-chain token transfer mechanisms, including burn/mint, lock/unlock, and lock/mint, supporting a range of use cases and applications. 

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 2% over the past 24 hours and is trading at $18.663 at press time.

Celo is an open platform that supports various distributed applications, smart contract development, and payments using e-mail addresses and phone numbers as public keys. CELO is down by 3% in the last 24 hours and is currently trading at $0.8465.

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Author

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.