Decentralized oracle network Chainlink has launched its Cross-Chain Interoperability Protocol (CCIP) on Base, an Ethereum Layer 2 scaling platform incubated by Coinbase. 

The move aims to provide Base developers with a secure means to build cross-chain applications and services capable of sending messages, transferring tokens and initiating other transactions across multiple blockchain networks, according to a statement.

CCIP is powered by Chainlink's oracle networks, which developer Chainlink Labs claims has secured billions of dollars in assets and facilitated over $8 trillion in on-chain transaction value. 

“Base and Chainlink are both building on the forefront of blockchain development as we work to bring the next wave of millions of new users into our industry,” …