Coinbase Launches New Platform for Token Sales with Monad Launch

Coinbase is entering the primary token market with the debut sale of Monad’s tokens. The offering will see 7.5% of MON supply priced at $0.025, and this launch marks a significant step for Coinbase in offering access to governance tokens for retail investors. This new platform allows Coinbase to expand its offerings and engage directly with retail customers interested in token sales. Coinbase has not released specific statements about the sale, but it will likely be heavily influenced by Monad’s leadership team.