Coinbase Unveils End-to-End Token Sales Platform to Redefine Crypto Launches

• Coinbase launches a transparent token sales platform, giving real users fair access and deeper liquidity.
• The platform aims to limit the influence of large buyers and promote lasting participation.

Coinbase Global Inc. is preparing a new token sales platform that gives selected investors access to new cryptocurrencies before activity begins on the main exchange.

The approach uses an algorithm to decide distribution in a way that avoids concentrated ownership among large buyers. 

The announcement said,

The company explained that if an individual sells allocations within one month, future access may be reduced. Token issuers and connected holders will face a six-month restriction before selling. This is aimed at discouraging early dumping that commonly affects new listings.

Sales will require payments in USDC, a dollar-pegged stablecoin issued by Circle. Investors will not be charged any participation fees, while token issuers will pay a fee calculated as a percentage of the total USDC raised.

First Token Sale Launch with Monad

Monad, which operates its own blockchain network, will become the first project to distribute its token through the new setup later in November. Coinbase expects to list tokens from these sales on its main exchange once each offering concludes, with one new sale planned every month.

The company stated that new issuers often struggle to reach real users while maintaining liquidity. The company said, 

Coinbase plans to expand features in the coming months. Future additions may include limit order tools and higher allocations for groups of users that issuers choose to prioritize.

Coinbase Expands with Key Acquisitions

This new platform marks the broadest opening for U.S. users to take part in public token sales since 2018. Token sales had slowed after regulators raised concerns and pressed for stronger rules during the previous boom period.

Industry expectations shifted when the Trump administration’s stance signaled a friendlier outlook. That environment led several participants to anticipate renewed acceptance of similar fundraising tools in future rulemaking.

Additionally, Coinbase acquired Echo for about $375 million last month. Echo included the Sonar platform, which supports early-stage crypto funding through public sales. Coinbase said the new token sales platform will be separate from the Echo brand.

The company also reached a $2.9 billion agreement in May to acquire crypto options provider Deribit, broadening its derivatives offerings and extending its international footprint. The sequence of acquisitions suggests long-term infrastructure building while preparing for heightened trading participation.