[Coinbase Selects XTP Platform to Provide Clearing Infrastructure for Kalshi Event Contracts] According to The Block, Coinbase has chosen ION's XTP platform to provide clearing infrastructure for Kalshi's event contracts, aiming to expand its prediction market business. ION states that XTP can automate contract creation, adjudication, and settlement, while supporting around-the-clock processing and real-time trading. During its initial launch over Super Bowl weekend, the system processed over 1 million Kalshi transactions.