Monad's MON Tokens Gain Anchorage Custody Before Nov 24 Debut


Monad's MON Tokens Gain Anchorage Custody Before Nov 24 Debut
Image source: CoinToday
- Anchorage Digital partners with Monad to secure custody and staking for the MON token. - MON token launches on Coinbase's public token-sales platform from November 17-22, 2025. Monad has tapped Anchorage Digital as the custodian for its MON token, which will debut on November 24, 2025. This marks a pivotal moment for the launch of its high-speed Layer 1 blockchain. Anchorage Digital, a leading digital asset platform, will provide secure custody and staking solutions for the MON token, delivering institutional-grade service to both retail and enterprise participants worldwide. On November 13, The Block reported that the collaboration aims to position Monad as a formidable competitor to major blockchains like Ethereum and Solana. This partnership aligns with the release of Monad's EVM-compatible network and the rollout of its MON token, which will be sold globally from November 17 to 22 on Coinbase's new public token-sales platform. Monad also revealed the tokenomics framework for the MON token. Out of a total supply of 100 billion, the project allocates 38.5% to ecosystem development, 27% to the core team, and 19.7% to investors. Notably, Monad will lock around 50.6% of the total token supply at the blockchain’s mainnet launch to ensure thoughtful supply control and foster long-term project growth. This strategic collaboration between Monad and Anchorage Digital primes the MON token for secure adoption and positions Monad to challenge legacy blockchain networks. The support from Anchorage's infrastructure and Coinbase's platform accessibility sets Monad up to make waves in the high-speed, EVM-compatible blockchain category.
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2025-11-13 15:13
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