Chainlink Upgrade Gives Institutions Their Own Sign-Off on Cross-Chain Token Transfers

Chainlink launched CCIP 2.0 on Monday, letting institutions and token issuers require their own approval, via a new Cross-Chain Verifier (CCV), before tokens move between blockchains. Chainlink's default Committee Verifier of 16 independent node operators still signs too. The upgrade retires Chainlink's standalone Risk Management Network, with optional verifiers now providing that check. Aave, Maple and Re have adopted the faster option; Infosys and Nethermind are among firms building CCVs for clients.