Tenbin Labs shifts $1 billion assets to CCIP from LayerZero

Tenbin Labs has overhauled its bridge infrastructure, announcing a full transition from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP) following an internal audit. The company cited heightened security concerns after recent industry incidents, noting that LayerZero no longer met its evolving safety standards for real-world asset tokenization. As a result, Tenbin Labs will now use only Chainlink CCIP for all cross-chain operations on its platform.

Security concerns and audit findings

The catalyst for this infrastructure shift was a series of cross-chain cyber incidents that have unsettled the blockchain ecosystem in recent weeks. Tenbin Labs’ internal security review concluded that LayerZero’s safeguards for real-world on-chain assets were insufficient to ensure the necessary protection. In response, the team initiated a search for a more robust and operationally efficient bridging solution.

With this migration, tokenized assets on Tenbin Labs, such as tGLD, tMXN, and tBRL, will now be distributed exclusively via the Chainlink CCIP protocol. This move aims to set a more secure and transparent standard for current and future projects handled by the company.

CCIP’s standout security architecture

The primary factor behind selecting Chainlink CCIP was its use of 16 independent, audited node operators that collectively offer robust transaction validation. This multi-node setup provides both redundancy and recurring confirmation across every bridge connection—enhancing the security of cross-chain asset transfers.

Additionally, CCIP boasts a SOC 2 Type 2 security certification, a milestone that aligns the protocol with institutional standards, including those required in finance. For Tenbin Labs, which routinely handles tokenized commodities and currencies, this accreditation adds another layer of trust and reduces the need for in-house security development.

Tenbin Labs emphasized in its assessment that “cross-chain infrastructure must be standard and secure without imposing additional burden on platform teams.”

A post on the company’s social media explained the reasoning and objectives behind the migration to CCIP. The project team described CCIP’s defense-in-depth architecture and proven security credentials as “unmatched” in the field.

Integrated risk controls and operational support

Built-in risk management mechanisms within CCIP also weighed heavily in Tenbin Labs’ decision. Automatic circuit-breaker limits are in place, allowing the system to halt or limit damage immediately in case of a potential attack or exploit scenario.

Chainlink has also assigned Tenbin Labs a dedicated risk and audit team, providing real-time operational support and further alleviating the platform’s security management workload.

Tenbin Labs Co-Founder and CEO Yuki Yuminaga reflected on the transition:

“The recent incidents in our sector made it clear that bridge protocols carry significant responsibility.”

Yuminaga noted that any vulnerability in cross-chain infrastructure, especially when handling real-world asset tokenization, could jeopardize user holdings and compromise overall system integrity.

With the migration to Chainlink CCIP, Tenbin Labs establishes a new benchmark for blockchain data and value transfers between chains. From this point forward, assets like tGLD, tMXN, and tBRL will be issued across multiple blockchains exclusively using the CCIP infrastructure.