Coinbase has launched the public sale of Monad’s MON token, pricing each at 0.025 USDC and selling 7.5% of the total supply. The sale gives the project a fully diluted valuation of $2.5 billion and runs until November 23, 2025, at 10:00 AM Beijing time. This inaugural offering marks the debut of Coinbase’s regulated retail token sale platform, expanding access to blockchain fundraising events for verified retail participants in the U.S. for the first time since 2018.