
Solv migrates tokenised Bitcoin infrastructure to Chainlink
Solv Protocol said it will migrate more than $700 million in tokenised Bitcoin infrastructure from LayerZero to Chainlink CCIP following heightened concerns around cross-chain bridge security.
The move comes weeks after the $292 million Kelp DAO exploit intensified scrutiny over blockchain bridge infrastructure and the risks tied to cross-chain verification systems.
Solv said it would deprecate LayerZero bridge support for Corn, Berachain, Rootstock and TAC while standardising future infrastructure around Chainlink’s Cross-Chain Interoperability Protocol.
“Security is the foundation of everything we build at Solv,”
Said Will Wang, adding:
“By fully securing SolvBTC and xSolvBTC cross-chain transfers with CCIP, we are providing users the highest assurance that proven, defense-in-depth infrastructure secures all cross-chain transfers.”
Launched in 2021, Solv Protocol operates a decentralised finance platform centred around SolvBTC, a tokenised Bitcoin product designed to let users deploy Bitcoin-based assets across multiple blockchain ecosystems to generate yield.
The company said the migration followed an extensive review of recent cross-chain hacks and broader industry security risks rather than solely the Kelp DAO exploit.
Cross-chain bridges remain one of the most heavily targeted areas in decentralised finance because they often hold large amounts of locked capital while relying on complex validator and verification systems.
Chainlink Labs chief business officer Johann Eid said Solv’s transition reflected a wider industry shift toward more secure interoperability infrastructure for institutional-scale blockchain applications.
At the time of reporting, Bitcoin price was $79,562.44.