ION PARTNERS WITH COINBASE TO SUPPORT KALSHI'S EVENT CONTRACTS

Summary from the TLDR Fintech newsletter

ION announced that Coinbase selected its XTP for Event Contracts platform to support clearing and back-office processing for Kalshi's prediction market contracts. The partnership gives Coinbase real-time infrastructure for contract creation, resolution, settlement, high-volume onboarding, and 24/7 automated processing, with XTP already supporting Kalshi's first one million Super Bowl weekend trades.