Coinbase introduces platform for early digital token investments, Monad first to sell

Coinbase is launching a new platform that allows individual investors to purchase digital tokens from blockchain projects before they are listed on the exchange. This initiative follows Coinbase's acquisition of Echo, an on-chain investment platform. The new service will host approximately one token sale per month, using an algorithm to allocate tokens to investors who submit purchase requests during a set period. Blockchain startup Monad, which is a Coinbase Ventures portfolio company, will be the first project to utilize this platform for its token sale as it prepares for its mainnet launch. Coinbase intends to expand this model to eventually include tokenized securities and other real-world assets.

(Source：Crypto Briefing)