Cross-chain token transfers are essential for the future of Web3, enabling seamless and secure interoperability between various blockchain networks, which are critical for the onchain economy and tokenized assets. The text explores different mechanisms for transferring tokens across chains, including burn and mint, lock and mint, and lock and unlock, each with its own advantages and challenges. The Chainlink Cross-Chain Interoperability Protocol (CCIP) is highlighted as a leading solution, providing secure, reliable, and scalable cross-chain transfers by leveraging its decentralized oracle networks. CCIP has been adopted by major financial institutions and DeFi protocols, such as Swift, BNY Mellon, Aave, and Synthetix, to facilitate the flow of tokenized assets across chains. This protocol is paving the way for integrating capital markets with Web3, potentially unlocking tens of trillions of dollars in tokenized assets.