Kraken ditches LayerZero for Chainlink CCIP
NeutralCryptocurrency

- What Happened
Kraken has announced the deprecation of its cross-chain provider LayerZero, opting to migrate to Chainlink's Cross-Chain Interoperability Protocol (CCIP) as the exclusive infrastructure for its wrapped assets. The announcement was made on May 14 via a post on X.
- Why It Matters
This transition to Chainlink CCIP signifies a strategic shift for Kraken, enhancing its cross-chain capabilities and potentially improving the efficiency and security of its asset management, which could attract more users to its platform in the competitive cryptocurrency market.
— via World Pulse Now AI Editorial System







