Chainlink Launches CCIP 2.0 With Extra Security Controls For Tokenized Assets

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TL;DR Chainlink has launched CCIP 2.0, a major upgrade to its Cross-Chain Interoperability Protocol. The new version adds optional third-party verifiers, faster-than-finality transfers, built-in compliance tools and more flexible execution. Chainlink is positioning the upgrade for banks and asset issuers moving regulated assets across multiple blockchains. Chainlink has launched the next version of its cross-chain infrastructure with a clear target: institutions that want to move tokenized assets between blockchains without giving up control over security or compliance. CCIP 2.0 went live on September 28 with a redesigned architecture that gives asset issuers more choice over how transactions are verified and executed. Institutions Can Add Their Own Security Layer One of the biggest additions is support for Cross-Chain Verifiers. These are optional verification layers that can be operated by an issuer, institution or third party alongside Chainlink’s existing decentralized oracle network. That means a bank or regulated asset issuer can add its own checks before a cross-chain transaction completes. The default CCIP security model still remains available. The difference is that users...

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