Kraken will replace LayerZero with Chainlink CCIP as its cross chain infrastructure According to CoinDesk, Kraken announced that it will use Chainlink's cross chain interoperability protocol CCIP to replace LayerZero as its exclusive cross chain infrastructure for its wrapped assets, covering kBTC and more wrapped assets in the future. This migration involves over $3 billion in TVL, following Kelp's $292 million LayerZero related cross chain attack in April. Kraken stated that the migration will cover networks such as Ink, Ethereum, Unichain, Optimism, etc. KBTC was launched in 2024 and currently has a market value of approximately $260 million.