Kraken Drops LayerZero and Migrates Cross-Chain System to Chainlink CCIP

Crypto exchange Kraken said it plans to shift its cross-chain infrastructure from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP), which will become the platform’s sole cross-chain solution.

As part of the transition, Kraken will phase out its previous provider and fully adopt CCIP to secure Wrapped Bitcoin (kBTC) and all future wrapped assets. The decision follows the April exploit involving Kelp DAO.

Kraken said it selected CCIP for its security-focused infrastructure, including certifications, a secure-by-default architecture, 16 independent nodes, and built-in rate limiting.

Source: Kraken