KRAKEN MIGRATES WRAPPED ASSET INFRASTRUCTURE TO CHAINLINK CCIP @krakenfx is officially deprecating its legacy cross-chain provider to integrate @Chainlink CCIP as the exclusive infrastructure for Kraken Wrapped Assets. This migration begins with $kBTC and will extend to all future tokenized products, enabling secure distribution across global DeFi markets. Kraken selected the CCIP standard to meet strict institutional risk management requirements, leveraging its ISO 27001 and SOC 2 Type 2 certifications.

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.

Kraken x Magna 🤝 We’re excited to announce that we have acquired @magna_digital to bring vesting, claims, staking, custody & token ops into a broader end-to-end stack. For builders, this means institutional-grade lifecycle infrastructure, not just liquidity.

We hosted Kraken co-CEO @arjunsethi for one of my favorite interviews of the year so far. Covered personal trials and tribulations, what it takes to build a long-lasting company, culture and ethics, and so much more. Give it a listen.

Thrilled to see our portfolio company @reapglobal join the @Payward / @krakenfx family. Proud to have backed Reap since the early days as they build the future of stablecoin-powered global payments. Congratulations to the entire team on this milestone! 🚀