Kraken is deprecating LayerZero and migrating its cross‑chain infrastructure to Chainlink’s CCIP as the exclusive provider to secure Kraken Wrapped Bitcoin (kBTC) and future wrapped tokens. Kraken cited CCIP’s enterprise‑grade security and risk controls — certifications, secure‑by‑default design, 16 independent nodes and native rate limits — as reasons for the move following the April Kelp DAO exploit. Several projects (Kelp DAO, Solv, Re, Lido) have also migrated or are migrating off LayerZero; more than $3 billion in TVL is reported moved to CCIP since the hack. LayerZero’s native token ZRO has fallen since April while LINK remains near year lows. Cointelegraph requested comment from LayerZero but received no immediate response.

Kraken’s formal switch to Chainlink CCIP as its exclusive cross‑chain provider and its cited security reasons are concrete adoption events; multiple projects and $3B TVL moved to CCIP after the Kelp DAO exploit, which directly links the move to risk concerns. The facts support positive sentiment for CCIP/Chainlink adoption and negative pressure on LayerZero.