After reviewing every major interoperability solution, @saturn_credit chose Chainlink CCIP as its official cross-chain infrastructure.
16 independent node operators per lane.
Native rate limits.
SOC 2 Type 2 and ISO 27001.
They are asking for security.
Three key trends I am increasingly excited about...
1: Our industry has started caring much more about the security and reliability of the infrastructure, standards and oracles/dependencies that it is built on top of. This shift in focus towards security is already massively benefiting Chainlink because it is built with security and reliability in mind from the start e.g. 16 nodes vs 1 of 1 or 2 of 2 (which is actually often just a 1 of 1 in disguise). This focus on reliability and security makes a better system for everyone in the DeFi/TradFi industry to transact with less risk and also leads to more overall Chainlink adoption over time. The way Chainlink became the leading data oracle is through security and reliability, I think that will happen across all categories where Chainlink deploys services for the same reasons.
We are now clearly seeing this dynamic take place in cross-chain interoperability, with many large users migrating onto CCIP after conducting deeper security reviews of bridging providers, more and more of which are now being published, some telling quotes below:
https://t.co/7ANpmqIlPn
Kraken chose Chainlink CCIP because it offers enterprise-grade infrastructure with strict security & risk management requirements, including:
• ISO 27001 and SOC 2 Type 2 certifications
• Secure by default architecture
• 16 independent nodes
• Native rate limits, and more.
https://t.co/hPnqT7CFcT and https://t.co/QHXnyjO2fp
The analysis covers how Chainlink CCIP delivers strong decentralization, native safeguards, and issuer control as default protocol-level guarantees, which insulates wstETH from a number of attack vectors behind the Kelp / LayerZero exploit.
https://t.co/AObyg1Nunx
Chainlink CCIP has emerged as the standard in cross-chain infrastructure, providing an enterprise-grade framework to secure high-value assets
With over $4Billion migrated in just a few weeks and more on the way, I am clearly seeing the industry's clear preference for security and reliability being a key trend leading to accelerated adoption of Chainlink and CCIP.
2: Chainlink has always continued to build and added many of its best features during down markets, when there is less noise to distract top teams from building. Because Chainlink already has clear product market fit, being able to focus on building the future is a powerful accelerant for future progress and is actually what I and many of the people building Chainlink are here for.
I am very excited about both the use case specific features e.g. collateral management and the increasing number of reusable primitives e.g. verifiable confidential compute in CRE, which are now actively being built, refined and launched with top users. In my experience, during the down market lulls is when the best things get built, and I am truly thrilled to see Chainlink being built to better serve its existing users and entirely new users.
3: The RWA, TradFi Tokenization and Digital Assets industry has now decoupled from crypto prices as a determining factor of its success and is a rapidly growing market of its own. Great news for the technologies, standards and infrastructures that can serve this new and growing demand, of which Chainlink is at the very top of the list. By having the relevant certifications; https://t.co/PlGDKLrJDi, being the historically most secure/reliable option with the largest amount of value enabled and being able to compose multiple key primitives (Data + Interoperability + Identity/compliance + verifiable off-chain orchestration) into full end-to-end solutions like no other platform can, puts the Chainlink platform/ecosystem in a unique place to be adopted by this new and growing market.
This is now becoming increasingly clear in practice through Chainlink's adoption in various parts of the capital markets; from collateral management with some of the most recent examples being...
DTCC using CRE and Data for their production plans; https://t.co/IiXXFfUwJu + https://t.co/sHe6QvquYR
Data providers like SGX using DataLink for key data; https://t.co/P7uPeOzliY
Top asset managers like State Street; https://t.co/Jh08KBnCvN and Fidelity International; https://t.co/06noNUEbEt, being powered by Chainlink on the backend.
The above are just a small number of recent examples, with many more being worked on all across the TradFi ecosystem, from payments, to tokenized equities, to tokenized funds; all of these on-chain finance use cases need multiple Chainlink components working together.
I can't wait for the next stage, where the leading DeFi applications and the top TradFi institutions start interoperating through their use of shared on-chain standards, interoperability connections and data/identity oracles, all of which are being provided by Chainlink, together with existing infrastructures. Solving each of these market's individual problems is already exciting, but helping them merge into the new global financial system is something that I and many others in our ecosystem have been working towards for a while.
If the above sounds like something worth spending many late nights on, and you can see the future I am talking about, this is the best time to join a top team like Chainlink Labs... if you're the best of the best, excited about the future of the blockchain industry, DeFi, TradFi and building the future of the new global financial system, we are excited to work together with you: https://t.co/zhTgEzBUm0.
“The consequences of an oracle failure … is getting completely wrecked.”
From data to cross-chain, Chainlink is the only oracle platform that meets the enterprise-grade security standards required to bring the global financial system onchain.
NEW: India’s most trusted trade credit infra, Vayana ($62B+ financing facilitated), adopts Chainlink to power tokenized asset distribution.
With a network of 3000+ supply chains, Vayana is leveraging the full Chainlink platform to upgrade India's financial ecosystem.
Users are probably wondering why projects are still switching their crosschain infra from LayerZero to Chainlink.
The reason is a philosophical difference in their security model:
→ @LayerZero_Core: developers pick their own validators and thresholds
→ @chainlink CCIP: 16 independent nodes enforced at the protocol level
LayerZero's model is elegant. Each app picks its own validators, so a hack on one app can't bleed into another, but only if each app configures it correctly.
The problem is that LayerZero permitted a 1/1 setup, with one validator and a single point of failure.
At least now, the 1/1 configurations are gone, defaults are moving to 5/5, and Console was shipped with built-in anomaly detection.
But compared to LZ, CCIP is designed to avoid this misconfiguration risk. You can't get it wrong because the protocol doesn't give you the option.
Institutions will often choose less flexibility in exchange for zero misconfiguration risk.
That's why all these protocols are making the switch.
FLIGHT TO SAFETY CONTINUES 🕊️
Lombard is officially deprecating @LayerZero_Core and migrating to @Chainlink CCIP as its exclusive cross-chain infra for $1+ billion in Bitcoin-backed assets 🤝
Following a security review, @Lombard_Finance chose to migrate LBTC ($815M+) and BTC.b ($212M+) to CCIP as it provides the highest level of cross-chain security
Specifically, Lombard highlights that CCIP features:
✅ 16 independent, security-reviewed node operators
✅ Native rate limits that act as circuit breakers
✅ ISO 27001 / SOC 2 Type 2 institutional certifications
Over $4+ billion in cross-chain token value has migrated from LayerZero to CCIP in the past few weeks since the $292 million LayerZero bridge exploit in April
The industry-wide migration continues
After an extensive security review, @Lombard_Finance deprecates its legacy solution & is migrating to Chainlink CCIP to secure $1B+ in Bitcoin assets.
As Lombard’s exclusive cross-chain infra, CCIP is expanding the distribution of LBTC & BTC.b across all chains.
DeFi will win.
NEW: Tempo, the payments-first L1 incubated by @stripe & @paradigm, has adopted Chainlink CCIP to bring @coinbase Wrapped BTC ($5B+ circulating) to its network.
For the first time, the world's largest crypto asset is available on @tempo, backed by institutional-grade security.
Following recent bridge exploits, Lido contributors are publishing the security principles behind wstETH’s multi-chain strategy, and why @chainlink CCIP was selected as the official cross-chain solution.
The analysis covers how Chainlink CCIP delivers strong decentralization, native safeguards, and issuer control as default protocol-level guarantees, which insulates wstETH from a number of attack vectors behind the Kelp / LayerZero exploit.
This decision was made last November by the Network Expansion Committee, with CCIP securing wstETH via 16 independent node operators, native rate limiting, and no vendor lock-in over token contracts.
Read the full breakdown from Lido contributors: https://t.co/OsoGnrM5UW
.@LidoFinance, the largest liquid staking protocol with $20B TVL, just published their cross-chain security principles
With this, Lido provides insight to why they chose to adopt @Chainlink CCIP last November as the official cross-chain infra for Wrapped Staked Ether (wstETH), instead of @LayerZero_Core
Key takeaway: CCIP provides strong decentralization, native safeguards, and issuer controls by default as part of its protocol-level design
These properties align closely with the security requirements that Lido identified for wstETH’s multi-chain expansion
In contrast, LayerZero is burdened by unsafe defaults, limited decentralization, extensive custom engineering work, and technical vendor lock-in constraints
The choice was clear 🤝
Kraken is deprecating its existing cross-chain provider and migrating to @Chainlink CCIP as its exclusive cross-chain infra to secure Kraken Wrapped Bitcoin (kBTC) & all future Kraken Wrapped Assets.
Kraken chose Chainlink CCIP because it offers enterprise-grade infrastructure with strict security & risk management requirements, including:
• ISO 27001 and SOC 2 Type 2 certifications
• Secure by default architecture
• 16 independent nodes
• Native rate limits, and more.
Together, Chainlink and Kraken can help accelerate the global adoption of crypto by unlocking utility and distribution for all Kraken Wrapped Assets across DeFi.
For kBTC customers, no action is required. More details on the migration process to follow on official Kraken channels.
LIVE: Fidelity International, a global asset manager with $1+ trillion total client assets, launches its first tokenized fund FILQ, powered by Chainlink.
Through onchain NAV, Chainlink is enabling Fidelity International to bring regulated yield-bearing liquidity into 24/7 digital market.
Excited to be working with @The_DTCC to revolutionise 24/7 collateral management.
With the Chainlink integration into their Appchain, we will enable the seamless pairing of asset prices, valuations, and movement with the aim of overhauling how market risk is managed globally.
Great step for the future of finance.