Lombard migrates over $1 billion in Bitcoin backed assets to Chainlink CCIP
Crypto Briefing
Lombard is migrating $1 billion in Bitcoin-backed assets to Chainlink CCIP to enhance cross-chain security.Summary
Lombard has announced the migration of over $1 billion in LBTC and BTC.b assets to Chainlink’s Cross Chain Interoperability Protocol (CCIP). Following a security review, Lombard is replacing LayerZero across multiple chains to prioritize institutional-grade security. By adopting CCIP’s defense-in-depth architecture and the Cross Chain Token standard, the protocol aims to reduce external dependencies and improve asset safety. Additionally, Lombard plans to implement its own Security Consortium to provide an extra layer of transaction validation.
(Source：Crypto Briefing)