Kraken Taps Chainlink for Cross-Chain Interoperability

Kraken's selection of Chainlink's Cross-Chain Interoperability Protocol (CCIP) strengthens Chainlink's position as a bridge between blockchain networks. CCIP allows assets and data to move across supported chains through a unified interoperability layer, reducing the need for separate infrastructure.

The integration fits into a wider tokenization push, with the SEC introducing a five-year exemption for tokenized stock trading in the United States. Kraken already operates in tokenized assets, making secure cross-chain movement increasingly relevant as access expands.

DigiTap is building financial infrastructure for consumers rather than institutions, and its beta app is downloadable through the App Store and Google Play. The sale of $TAP has reached over $12.1 million, with more than 85% of the current allocation sold in Round 4.