Coinbase Breaks Records with $269 Million Token Sale for Monad Blockchain

Coinbase has achieved a historic milestone, successfully executing its first-ever token sale and raising a staggering $269 million for the $MON token of the Monad blockchain. The sale, which saw participation from investors globally, exceeded its target by over 1.43 times and attracted over 85,800 individuals from across 70 countries. This remarkable success demonstrates strong confidence in both Coinbase’s platform and the Monad project itself.