Lombard is migrating more than $1 billion in Bitcoin-backed assets to Chainlink’s Cross Chain Interoperability Protocol as DeFi protocols reassess cross-chain security following Kelp DAO’s April exploit.
Following a comprehensive security review of the cross-chain infrastructure underpinning LBTC and BTC.b:
– CCIP will replace LayerZero as the cross-chain infrastructure across Solana, Etherlink, Berachain, Corn, and TAC
– LayerZero on Morph and Swell will be fully deprecated— Lombard (@Lombard_Finance) May 15, 2026
The BTCFi protocol said it will fully migrate LBTC and BTC.b to CCIP as its exclusive cross chain infrastructure after conducting a comprehensive internal security review. The assets are backed by Bitcoin and are used to bring BTC liquidity into decentralized finance.
The decision means CCIP will replace LayerZero across Solana, Etherlink, Berachain, Corn, and TAC. Lombard will also fully deprecate LayerZero usage on Morph and Swell.
The migration comes as about $4 billion in assets has moved or is being moved to Chainlink’s CCIP bridge following heightened scrutiny of cross chain messaging systems. Kelp DAO, Solv Protocol, Re, and Kraken have also taken similar steps.
Lombard said the move prioritizes user safety and builds on its track record of zero security incidents and 100% uptime. The protocol said the market is moving toward infrastructure that is secure by default and built to institutional standards.
The firm cited CCIP’s defense in depth architecture, decentralized oracle networks, independent node operators, native rate limits, audited codebase, and institutional certifications as key reasons behind the migration. Lombard said each bridge lane is secured by at least 16 independent and security reviewed node operators.
As part of the migration, Lombard is adopting Chainlink’s Cross Chain Token standard, which uses a burn and mint native bridging model to support a single canonical token across chains. Lombard said the standard reduces external dependencies by giving the protocol full ownership over token contracts without requiring reliance on specific CCIP libraries or functions.
The protocol also plans to add its own security layers on top of CCIP. Lombard said its Security Consortium will be able to validate transactions as an additional attestation layer, allowing the protocol to enforce cross chain transfer rules, maintain a clear record of asset transfers, update verification logic, and control how LBTC moves between chains.
Johann Eid, chief business officer at Chainlink Labs, said the migration marks an important step toward a standardized cross chain foundation for Bitcoin backed assets and reflects a broader shift among DeFi protocols toward defense in depth infrastructure.
Jacob Phillips, co founder of Lombard, said Lombard’s internal reviews showed that Chainlink CCIP provides the highest level of cross chain security in the industry. He added that migrating LBTC and BTC.b to CCIP gives users stronger assurances as Lombard expands.
