Kraken to Migrate Wrapped Bitcoin Tech to Chainlink as LayerZero Exodus Expands – Decrypt

May 14, 2026 - 21:00
Kraken to Migrate Wrapped Bitcoin Tech to Chainlink as LayerZero Exodus Expands – Decrypt
In brief Kraken will migrate its wrapped Bitcoin product, kBTC, from LayerZero to Chainlink’s interoperability protocol. The asset maintains a market cap of more than $260 million, and Kraken said it will use Chainlink for future wrapped assets, as well. LayerZero admitted it “made a mistake” with Kelp DAO’s setup, which was exploited for $292...

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