Chainlink has launched version 2.0 of its Cross-Chain Interoperability Protocol (CCIP), designed for financial institutions and digital asset issuers. The update introduces the Cross-Chain Verifier mechanism, which allows for the integration of third-party transaction verification nodes alongside the existing Chainlink Committee Verifier, which consists of 16 independent operators.
The new release includes the Automated Compliance Engine (ACE), enabling the implementation of KYC, AML, and sanctions screening, as well as transfer limits and sender-receiver allowlists. Additionally, the protocol now supports customizable finalization parameters and accelerated transfer scenarios, with a Fast Confirmation Rule planned for Ethereum to enable sub-second transaction confirmation.
Developers now have access to updated APIs, SDKs, and CLI tools, along with deployment kits for Amazon Web Services and Google Cloud. Chainlink reports that the protocol currently secures over $84 billion in cross-chain assets, with more than $15 billion migrated to the platform over the last four months.
Early adopters and partners of the updated protocol include institutions such as ANZ Bank, Fidelity International, Sygnum, and SBI Digital Markets, alongside platforms like Aave and Maple. The release follows a series of security-focused migrations to Chainlink infrastructure by various projects, including Kraken, BitGo, and Solv Protocol, following previous industry security incidents.
