Leading crypto exchange Kraken deprecates its legacy cross-chain provider and migrates to Chainlink CCIP.
Starting with kBTC, all current and future Kraken Wrapped Assets will use CCIP for secure distribution across blockchains and global markets.
After review, Kraken found that Chainlink CCIP meets strict security and risk management requirements.
Through CCIP, Kraken Wrapped Assets gain access to enterprise-grade cross-chain security, backed by:
• ISO 27001 and SOC 2 Type 2 certifications
• Secure by default architecture
• 16 independent nodes
• Native rate limits
By bridging Kraken’s securely custodied Bitcoin across DeFi, Kraken is expanding Bitcoin's distribution and utility, unleashing its full potential as a premium collateral asset.