Coinbase Launches New Token Sales Platform with Monad Debut

Coinbase has launched its public token sales platform in the U.S., with Monad (MON) as the inaugural issuer, offering tokens to U.S. investors starting November 10, 2025. This marks a significant shift toward regulated access for retail investors in the crypto space. The Early Access Platform enables direct participation in token offerings before exchange listings, allowing U.S. investors to gain early access to new tokens. Monad’s launch serves as a test case for this approach, potentially reviving ICO-style sales legally. The move has garnered positive market reactions, including Coinbase stock rising over 4% due to investor confidence.