Kraken switches from LayerZero to Chainlink CCIP for kBTC and wrapped assets

On May 14, 2026, Kraken said it is deprecating its current cross-chain provider and moving its wrapped-asset suite, starting with kBTC, to Chainlink CCIP as its exclusive cross-chain infrastructure. The exchange cited a defense-in-depth design with independent node operators, built-in rate limits, and certifications including ISO 27001 and SOC 2 Type 2, following a reported $292 million LayerZero exploit. The rollout covers Ethereum, Ink, Unichain, and Optimism, with more networks expected in later phases.