Kraken Migrates Wrapped Asset Infrastructure To Chainlink Ccip

Kraken Drops Legacy Bridge in Favour of Chainlink CCIP

@krakenfx is officially deprecating its legacy cross-chain provider and replacing it with @Chainlink's Cross-Chain Interoperability Protocol (CCIP) as the sole infrastructure layer for Kraken Wrapped Assets. The migration starts with $kBTC and will roll out to all future tokenised products issued by the exchange.

kBTC is a wrapped Bitcoin token issued by Kraken, fully backed by Bitcoin held in Kraken's custody and designed for use across networks including Ink, Unichain, Ethereum, and OP Mainnet. The product allows users to put Bitcoin to work in DeFi applications and other onchain environments that do not natively support BTC.

By anchoring its wrapped asset suite to CCIP, Kraken gains a single, standardised integration point for cross-chain distribution. CCIP now connects over 60 public and private blockchains through a single integration point. Cross-chain bridges have historically been one of crypto's main failure points. CCIP routes messages and value between chains through a decentralised set of nodes rather than a single multisig or bespoke bridge for each pair of networks, a design intended to reduce operator risk.

Institutional Security Standards Drive the Decision

Kraken's selection of CCIP was driven in part by the protocol's compliance credentials. Deloitte and Touche LLP has completed a SOC 2 Type 2 examination for Chainlink's CCIP and Data Feeds, making Chainlink the only data and interoperability oracle platform in the blockchain industry to hold SOC 2 Type 2, SOC 2 Type 1, and ISO/IEC 27001:2022 certifications simultaneously. SOC 2 Type 2 is distinct from Type 1 in that it evaluates whether security controls actually operate effectively over a sustained period of time, which is the verification that institutional risk teams and compliance officers at banks and asset managers require before approving any third-party technology vendor.

The Kraken move follows a broader trend of major crypto platforms consolidating on CCIP for wrapped asset infrastructure. Coinbase selected CCIP as its exclusive bridge infrastructure for all Coinbase Wrapped Assets, including cbBTC, cbETH, cbDOGE, cbLTC, cbADA, and cbXRP, which carry an aggregate market cap of approximately $7 billion as of December 2025. Lido, one of the largest DeFi protocols by total value locked, also upgraded to CCIP as the official cross-chain infrastructure for wstETH across all chains.

For Kraken, the transition positions its growing suite of tokenised products for broader institutional and retail reach across global DeFi markets, with the CCIP standard providing the compliance framework its risk management process requires.

Sources
Kraken: What is kBTC?
Crypto.news: Chainlink Earns Deloitte SOC 2 Type 2 Certification
Chainlink Blog: Chainlink Achieves ISO 27001 and SOC 2 Compliance