- Coinbase launches platform for U.S. retail ICOs.
- Monad’s MON token sale is the inaugural event.
- Equitable token distribution prioritizes long-term holders.
Coinbase’s new token sales platform for retail access to ICOs starts with Monad’s MON token sale on November 17, 2025. This marks the first major U.S. ICO participation since 2018, offering a fair distribution model favoring genuine supporters.
Nut Graph: Coinbase’s launch of a retail ICO platform is significant as it provides equitable access to token sales while revitalizing U.S. participation in ICOs for the first time since 2018.
Coinbase’s New Platform
Coinbase’s new platform marks the return of U.S. retail investors to ICOs with Monad’s MON token sale. Brian Armstrong highlights the platform’s aim for equitable distribution, prioritizing genuine, long-term holders. The sale will occur from November 17 to 22, offering 7.5% of the total MON supply. The move, which utilizes algorithmic allocation, seeks to prevent whales and insiders from dominating sales. Retail investors are encouraged with allocation limits and transparent processes.
“Genuine, long-term supporters deserve more. Whales, insiders and flippers shouldn’t be the only winners from token launches. We’re launching a token sales platform on Coinbase to give teams a new way to distribute their token to their community, and give the community early access to their favorite tokens. And for the first time since 2018, retail users in the United States can widely participate.” — Brian Armstrong, CEO, Coinbase
The introduction of this platform impacts the cryptocurrency market by encouraging the use of MON and USDC during the sale. Public access aligns with Coinbase’s mission to empower genuine supporters. It also marks a shift in the U.S. regulatory landscape, as retail participation had been limited since 2018. This platform introduces new compliance standards, including tokenomics disclosure and monthly token sales to mitigate risks.
The ICO platform is expected to set a precedent for future retail access to ICOs, reflecting historical trends seen prior to the 2018 regulatory clampdowns. The success of such launches may influence Ethereum-compatible chains, given Monad’s layer-1 status. Additionally, the platform is poised to bridge gaps seen in previous private distribution channels, fostering wider market participation.