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Coinbase Launches Regulated Token Sales Platform, Starting With Monad on Nov. 17

Algorithmic allocation with identity checks reopens U.S. retail access to public token offerings.

Overview

  • The exchange plans roughly one sale per month with a one‑week request window in which an algorithm prioritizes broader distribution over first‑come or large orders.
  • Purchases must be made in USDC by verified users in good standing, with access available in most regions including the United States.
  • Coinbase will vet projects and enforce a six‑month lockup on team and affiliate tokens, with future allocations reduced for users who sell within 30 days of listing.
  • Monad’s MON sale runs Nov. 17–22, offering 7.5% of supply at $0.025 per token with stated bid limits, ahead of a Nov. 24 mainnet launch and airdrop.
  • Assets launched through the platform will be added to Coinbase’s listings roadmap, and Coinbase shares rose about 4% following the announcement.