Bitcoin News Today: Regulated Token Boom Begins as Coinbase Revives U.S. ICO-Style Sales

Generated by AI AgentCoin WorldReviewed byAInvest News Editorial Team
Monday, Nov 10, 2025 2:13 pm ET2min read
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-

launches U.S. token sales platform with Monad's $188M public offering, prioritizing retail investors through allocation algorithms.

- Monad's tokenomics lock 50.7% of supply with vesting periods, while 38.5% allocated to ecosystem development via grants and validator programs.

- DTCC lists five

ETFs including Franklin Templeton's XRPZ, signaling regulatory progress as SEC streamlines approval processes for crypto products.

- MicroStrategy buys $49.9M in

through preferred stock sales, boosting holdings to 641,692 BTC valued at $68B amid institutional crypto adoption trends.

Coinbase has launched a new public token sales platform, marking the first U.S.-accessible ICO-style offering since the SEC's 2018 regulatory crackdown

. The platform, designed to promote broad distribution and limit speculative trading, will host its first token sale on November 17 for Ethereum-compatible blockchain project Monad. The platform's "filling up from the bottom" algorithm prioritizes smaller buyers, while restricting future allocations for users who sell tokens within 30 days of listing. This initiative follows Coinbase's $375 million acquisition of onchain fundraising platform Echo, though the new product operates independently.

Monad's public sale will offer 7.5% of its 100 billion MON token supply at $0.025 per token, raising $187.5 million. The project revealed that 50.7% of MON tokens will be locked at launch, including team, investor, and treasury allocations subject to long-term vesting. Ecosystem development will receive 38.5% of tokens, with plans for grants and validator delegations. The sale precedes Monad's November 24 mainnet launch and token generation event. Analysts note the project's $2.5 billion implied valuation signals growing confidence in regulated token offerings, a shift from the speculative ICO boom of 2017.

The Depository Trust and Clearing Corporation (DTCC) has listed five spot

ETFs, including offerings from Bitwise, Franklin Templeton, and 21Shares, signaling regulatory progress for digital asset products. Franklin Templeton's XRPZ ETF, now on the DTCC website, filed an amended S-1 with automatic-effect language, potentially accelerating its launch. The SEC's new generic listing standards have streamlined approvals, with Canary Capital CEO Steven McClurg indicating readiness for an imminent XRP ETF debut. These developments reflect growing institutional demand for XRP, with analysts projecting up to $5 billion in inflows if ETFs launch successfully.

Other market updates include Ledger's plans for a New York IPO amid rising hardware wallet demand, with CEO Pascal Gauthier citing the city as a crypto funding hub

. Meanwhile, MicroStrategy's Strategy company added $49.9 million worth of to its treasury, increasing holdings to 641,692 valued at $68 billion. The firm funded the purchase through perpetual preferred stock sales, with CEO Michael Saylor continuing to signal aggressive bitcoin accumulation.

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