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Home»Bitcoin»Lombard migrates over $1 billion in Bitcoin backed property to Chainlink CCIP
Bitcoin

Lombard migrates over $1 billion in Bitcoin backed property to Chainlink CCIP

EditorBy EditorMay 15, 2026No Comments3 Mins Read
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Lombard is migrating greater than $1 billion in Bitcoin-backed property to Chainlink’s Cross Chain Interoperability Protocol as DeFi protocols reassess cross-chain safety following Kelp DAO’s April exploit.

Following a complete safety evaluate of the cross-chain infrastructure underpinning LBTC and BTC.b:

– CCIP will substitute LayerZero because the cross-chain infrastructure throughout Solana, Etherlink, Berachain, Corn, and TAC
– LayerZero on Morph and Swell will likely be totally deprecated

— Lombard (@Lombard_Finance) Could 15, 2026

The BTCFi protocol stated it can totally migrate LBTC and BTC.b to CCIP as its unique cross chain infrastructure after conducting a complete inner safety evaluate. The property are backed by Bitcoin and are used to carry BTC liquidity into decentralized finance.

The choice means CCIP will substitute LayerZero throughout Solana, Etherlink, Berachain, Corn, and TAC. Lombard will even totally deprecate LayerZero utilization on Morph and Swell.

The migration comes as about $4 billion in property has moved or is being moved to Chainlink’s CCIP bridge following heightened scrutiny of cross chain messaging techniques. Kelp DAO, Solv Protocol, Re, and Kraken have additionally taken comparable steps.

Lombard stated the transfer prioritizes person security and builds on its observe file of zero safety incidents and 100% uptime. The protocol stated the market is shifting towards infrastructure that’s safe by default and constructed to institutional requirements.

The agency cited CCIP’s protection in depth structure, decentralized oracle networks, unbiased node operators, native fee limits, audited codebase, and institutional certifications as key causes behind the migration. Lombard stated every bridge lane is secured by no less than 16 unbiased and safety reviewed node operators.

As a part of the migration, Lombard is adopting Chainlink’s Cross Chain Token normal, which makes use of a burn and mint native bridging mannequin to help a single canonical token throughout chains. Lombard stated the usual reduces exterior dependencies by giving the protocol full possession over token contracts with out requiring reliance on particular CCIP libraries or capabilities.

The protocol additionally plans so as to add its personal safety layers on high of CCIP. Lombard stated its Safety Consortium will be capable of validate transactions as a further attestation layer, permitting the protocol to implement cross chain switch guidelines, preserve a transparent file of asset transfers, replace verification logic, and management how LBTC strikes between chains.

Johann Eid, chief enterprise officer at Chainlink Labs, stated the migration marks an essential step towards a standardized cross chain basis for Bitcoin backed property and displays a broader shift amongst DeFi protocols towards protection in depth infrastructure.

Jacob Phillips, co founding father of Lombard, stated Lombard’s inner opinions confirmed that Chainlink CCIP supplies the very best stage of cross chain safety within the business. He added that migrating LBTC and BTC.b to CCIP provides customers stronger assurances as Lombard expands.

Disclosure: This text was edited by Estefano Gomez. For extra data on how we create and evaluate content material, see our Editorial Coverage.



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