Kraken is deprecating its cross-chain supplier and migrating to Chainlink CCIP because the unique infrastructure for its wrapped property.
Abstract
- Kraken selected Chainlink CCIP for its ISO 27001 and SOC 2 compliance, 16 unbiased nodes, native charge limits, and enterprise-grade safety requirements.
- The migration covers Kraken Wrapped Bitcoin (kBTC) and all future Kraken wrapped property deployed throughout DeFi protocols.
- The transfer follows comparable migrations by Kelp, Solv, and Re after the $292 million KelpDAO exploit in April that hit a LayerZero-powered bridge.
Kraken posted the announcement on X on Could 14, confirming that Chainlink’s Cross-Chain Interoperability Protocol will develop into its unique bridge infrastructure going ahead.
The trade didn’t specify a migration timeline however stated the swap covers kBTC, its 1:1 Bitcoin-backed wrapped token, and all future Kraken wrapped property that it plans to convey to DeFi.
Kraken cited enterprise-grade safety as the first motive for the migration, pointing to Chainlink CCIP’s ISO 27001 and SOC 2 compliance certifications, its community of 16 unbiased node operators, native charge limits, and different danger administration options.
The trade stated it selected CCIP to speed up international crypto adoption by unlocking DeFi companies and distribution for its complete 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 opinions and migrations throughout DeFi platforms. Kelp, Solv, and Re had already switched to CCIP earlier than Kraken’s announcement, every citing safety as the driving 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 property 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, in line with market information. Kraken launched kBTC on Ethereum in October 2024, positioning the token as a clear, audited different to present wrapped bitcoin merchandise amid scrutiny over wBTC’s possession construction.
