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Kraken replaces LayerZero with Chainlink CCIP to secure kBTC and wrapped assets

Crypto Briefing
Kraken is migrating its wrapped asset infrastructure from LayerZero to Chainlink CCIP to enhance the security of kBTC and future wrapped tokens.

Summary

Kraken has announced the migration of its cross-chain infrastructure for kBTC and future wrapped assets from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP). This strategic shift aims to leverage Chainlink’s enterprise-grade security features, such as independent node operators and native rate limits, to mitigate bridge-related risks. The migration will affect assets across networks including Ethereum, Optimism, Ink, and Unichain. Kraken confirmed that users do not need to take any action regarding this transition, which reflects a broader industry trend toward adopting CCIP for improved cross-chain security.

(Source:Crypto Briefing)