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Coinbase launching platform for digital token offerings, WSJ reports

Coinbase (COIN) is launching a platform that lets individual investors buy digital tokens before they are listed on its exchange, The Wall Street Journal’s Vicky Ge Huang reports. The platform will hold about one token sale per month, using an algorithm to allocate tokens fairly among registered, compliant investors paying in USD Coin. The first offering will feature a token from blockchain startup Monad, with plans for future global expansion, according to the report.

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