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Kraken is deprecating 
LayerZero in favor 
Chainlink CCIP as the exclusive interoperability layer for Kraken Warpped 
Bitcoin (kBTC) and future wrapped assets, marking another major post-
KelpDAO exploit migration from the bridging provider.
What's the Scoop?
- Choosing Chainlink: In an announcement posted to X earlier today, crypto exchange Kraken informed kBTC holders that the product will adopt Chainlink as its exclusive cross-chain infrastructure provider, lauding CCIP's "enterprise-grade infrastructure with strict security and risk management requirements." No action is required by kBTC customers, with further migration details expected to follow on official Kraken channels.
- Mass Migration: Kraken joins asset issuers including KelpDAO, Solv, and Re in abandoning LayerZero infrastructure for CCIP. Separately, Kraken's Trydo lending market on Ink chain has already switched all of its price oracles to Chainlink. Altogether, more than $3B of value has migrated to Chainlink-secured solutions since the KelpDAO exploit.
Kraken is deprecating its existing cross-chain provider and migrating to @Chainlink CCIP as its exclusive cross-chain infra to secure Kraken Wrapped Bitcoin (kBTC) & all future Kraken Wrapped Assets.
— Kraken (@krakenfx) May 14, 2026
Kraken chose Chainlink CCIP because it offers enterprise-grade infrastructure…
