XRP News Today: Coinbase Opens U.S. Retail ICOs to Small Investors Post-2018 Crackdown

Coinbase has launched a public token sales platform, marking the first U.S. retail access to initial coin offerings (ICOs) since the 2018 regulatory crackdownThe Block: Coinbase Launches Public Token Sales Platform with US Access, Monad as the First Issuer. The platform, which uses a "filling up from the bottom" algorithm to prioritize smaller investors, will debut with Monad's MON token sale from Nov. 17–22The Block: The Daily: Coinbase Launches Public Token Sales Platform, Monad Unveils Tokenomics, DTCC Lists Five Spot XRP ETFs, and More. This follows Coinbase's $375 million acquisition of on-chain fundraising platform Echo, though the new product operates independentlyTradingView: Coinbase Launches Public Token Sales for US Retail with Monad; Monthly Offerings Planned. The exchange emphasizes transparency, requiring issuers to disclose tokenomics, team details, and six-month lockups for tokens to prevent secondary market dumpingCoindoo.com: Coinbase Unveils Platform for Early Token Sales.

Users will not face participation fees, with Coinbase earning a cut of USDC proceeds from issuersCoinotag.com: Coinbase Relaunches Regulated Token Sales for US Retail Investors, Beginning with Monad.

Monad, an Ethereum-compatible Layer 1 blockchain, will allocate 7.5% of its 100 billion MON tokens at $0.025 each via the platformThe Block: Coinbase Launches Public Token Sales Platform with US Access, Monad as the First Issuer. The remaining tokens will be distributed as follows: 38.5% to ecosystem development, 3.3% via airdrop, and 50.6% locked for at least a year among team members, investors, and the Category Labs treasuryThe Block: The Daily: Coinbase Launches Public Token Sales Platform, Monad Unveils Tokenomics, DTCC Lists Five Spot XRP ETFs, and More. Locked tokens are designed to prevent early concentration of staking rewards and ensure broader circulationCoinotag.com: Coinbase Relaunches Regulated Token Sales for US Retail Investors, Beginning with Monad. The mainnet launch is scheduled for Nov. 24, with all tokens expected to unlock by late 2029The Block: Coinbase Launches Public Token Sales Platform with US Access, Monad as the First Issuer.

Simultaneously, the Depository Trust and Clearing Corporation (DTCC) listed five spot XRP ETFs from Bitwise, Franklin Templeton, 21Shares, Canary Capital, and CoinShares, signaling a potential November launchCryptoBriefing: Five XRP Spot ETFs Now Listed on DTCC Ahead of Potential Launch This Month. These funds, which include the Franklin XRP Trust (XRPZ) and Bitwise XRP ETF (XRP), benefit from the SEC's new generic listing standards that expedite approvalsBlockchain Magazine: Five Spot XRP ETFs Appear on DTCC Platform, Signaling Market Debut Nears. Canary Capital CEO Steven McClurg indicated readiness for a mid-November debut, leveraging a "no-delay amendment" to fast-track regulatory clearanceLookonchain: Viewpoint: Five XRP Spot ETFs Have Been Listed on DTCC or Are Set to Launch This Month. If approved, these ETFs would represent the first U.S. spot XRP products, reflecting growing institutional demand for altcoin exposureThe Crypto Times: XRP ETF Launch Nears After DTCC Lists Five Issuer Filings.

In related developments, French hardware wallet provider Ledger is exploring a New York IPO or private funding round in 2026, citing surging demand for secure crypto custody amid rising theftsYahoo Finance: Ledger Eyes New York IPO as Hardware Wallet Demand Surges. CEO Pascal Gauthier emphasized New York's dominance in crypto financing, noting the city's concentration of institutional capital compared to EuropeCoindesk: Ledger Eyes New York IPO or Fund Raise: Report. Ledger, which secures $100 billion in bitcoin for clients, reported triple-digit million-dollar revenues in 2025, driven by heightened security concernsBankless: Ledger Eyes IPO Raise Amid Record Year. The company faces competition from Trezor and Tangem as the market grapples with $2.17 billion in crypto thefts during the first half of 2025Crowdfund Insider: French Crypto Hardware Wallet Maker Ledger Is Reportedly Considering an IPO.