ION partners with Coinbase to enhance trading of Kalshi’s event contracts

Prediction markets are quickly becoming the financial product that everyone wants a piece of. ION, the trading technology provider, is partnering with Coinbase to support the trading of Kalshi’s event contracts, adding another layer of infrastructure to a market segment that has been growing at a pace few anticipated even a year ago. The move connects ION’s exchange and clearing technology with Coinbase’s consumer-facing platform, which announced its own partnership with Kalshi back in December 2025. Together, the pieces form a supply chain for event contracts: Kalshi provides the CFTC-regulated marketplace, ION supplies the trading plumbing, and Coinbase offers the storefront where millions of users can place bets on real-world outcomes starting at just $1. How the pieces fit together Coinbase first revealed its Kalshi integration during its “System Update” livestream on December 17, 2025. The plan was straightforward: embed event contracts directly into the Coinbase app, covering categories like elections, sports, and economic indicators. Nationwide availability across the US was targeted for late January 2026, with Coinbase Financial Markets handling the brokerage side of the op...