The Daily: Coinbase launches public token sales platform, Monad unveils tokenomics, DTCC lists five spot XRP ETFs, and more

Coinbase has introduced a new global public token sales platform, restoring U.S. retail access to ICO-style launches, utilizing an algorithm to ensure broad distribution and penalizing quick token flips. This launch follows Coinbase's acquisition of Echo, though the new product operates independently. Monad, an Ethereum-compatible Layer 1 project, unveiled its tokenomics, setting a public MON sale on November 17 via Coinbase, with over 50% of the total supply locked at launch. Furthermore, the DTCC listed five spot XRP ETFs from major issuers like Bitwise and Franklin Templeton, increasing anticipation for a potential November launch following the SEC's new generic listing standards. Other news includes Ledger considering a New York IPO or funding round amid rising hardware wallet demand, and Michael Saylor's Strategy purchasing another $50 million in Bitcoin.

(Source：The Block)