Kraken is deprecating its cross-chain supplier and migrating to Chainlink CCIP because the unique infrastructure for its wrapped belongings.
Kraken posted the announcement on X on Could 14, confirming that Chainlink’s Cross-Chain Interoperability Protocol will grow to be its unique bridge infrastructure going ahead.
The trade didn’t specify a migration timeline however mentioned the change covers kBTC, its 1:1 Bitcoin-backed wrapped token, and all future Kraken wrapped belongings that it plans to carry to DeFi.
Kraken cited enterprise-grade safety as the first purpose for the migration, pointing to Chainlink CCIP’s ISO 27001 and SOC 2 compliance certifications, its community of 16 impartial node operators, native charge limits, and different danger administration options.
The trade mentioned it selected CCIP to speed up international crypto adoption by unlocking DeFi providers and distribution for its total wrapped asset suite.
Why platforms are transferring away from LayerZero
The Kraken migration is a part of a broader post-exploit shift within the cross-chain infrastructure market. April’s $292 million KelpDAO breach, which hit a bridge powered by LayerZero, triggered a wave of evaluations and migrations throughout DeFi platforms. Kelp, Solv, and Re had already switched to CCIP earlier than Kraken’s announcement, every citing safety as the motive force.
Chainlink CCIP has been constructing institutional adoption steadily via 2026. SBI Digital Markets, the digital asset division of Japan’s SBI Group, adopted CCIP as its unique interoperability layer for tokenized real-world belongings in November 2025.
Chainlink says CCIP has supported over $28 trillion in cumulative onchain transaction worth. The protocol averages roughly $90 million in weekly token transfers, based on market knowledge. Kraken launched kBTC on Ethereum in October 2024, positioning the token as a clear, audited various to current wrapped bitcoin merchandise amid scrutiny over wBTC’s possession construction.
