Coinbase’s Game-Changer: Exclusive Monad Token Sale Platform Goes Live

Coinbase just flipped the script on crypto fundraising. The exchange giant unveiled its token sale platform today—with Monad as the headline act.

This isn't just another launchpad. We're talking institutional-grade access to projects before they hit the open market. The kind of deal that usually requires six-figure VC connections.

Monad gets the spotlight, but the real story? Coinbase is building the IPO pipeline for crypto. Because nothing says 'financial revolution' like recreating Wall Street's backroom deals with blockchain buzzwords.

Monad token details and plans

Monad, a layer-1 blockchain network, will be the first project to sell tokens through the platform. Its mainnet and MON token are scheduled to launch on November 24, with a token airdrop for early users taking place alongside the rollout. The Coinbase sale will occur a week earlier, on November 17.

The sale will include 7.5% of Monad’s total token supply at $0.025 per MON. Each investor must bid at least $100 and can bid up to $100,000. If all tokens are sold, Monad could raise $187.5 million. The total value of all MON tokens WOULD then be about $2.5 billion.

Monad co-founder Keone Hon commented on X: “This public sale has the potential to extend the reach of Monad by extending the distribution of MON into the hands of millions of regular people.” He added that the project aims to onboard the general public to crypto and provide technology ready for mass adoption.

Today, we are announcing the MON public sale – an effort to give everyday people the opportunity to become a stakeholder in the Monad network token, days before the public network launch.

The public sale of MON will go live on Coinbase token sales, a new platform from Coinbase…

Meanwhile, this new token sale platform is coming just weeks after Coinbase bought the crypto investment company Echo for $375 million, which will integrate fundraising tools into a separate token sale ecosystem.

All tokens sold on this platform will later be listed on Coinbase’s main exchange. Over time, the company also plans to include other types of assets, like tokenized stocks and real-world items. Coinbase said the goal is to help projects reach real users while keeping trading fair and safe.

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