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Coinbase Unveils Platform for Early Access to New Digital Tokens

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Coinbase Global has announced the launch of a new token sales platform that will give retail investors the opportunity to purchase digital tokens before they are listed on the exchange — marking the first major public token sale opportunity for U.S. users since 2018.

The company’s shares rose about 4% in morning trading following the announcement, reflecting growing optimism over Coinbase’s efforts to tap into the multi-trillion-dollar digital asset market.

The new platform will host around one token sale per month, using an algorithm-based allocation system to determine how tokens are distributed among investors. Buyers will have a one-week window to submit their purchase requests.

“Token issuers coming to market today struggle to get their tokens into the hands of real users while building deep exchange liquidity. Coinbase is changing that,” the exchange said in a company blog post.

Investors will be able to pay for purchases in USD Coin (USDC), a dollar-pegged stablecoin issued by Circle Internet Group, according to the Wall Street Journal, which first reported the launch.

The first project to debut on the platform will be Monad, a blockchain startup that plans to hold its token sale next week. Coinbase said additional features such as limit orders and larger allocations for target user bases will be introduced in the coming months.

The move comes as interest from both retail and institutional investors in digital assets continues to grow, driving major exchanges like Coinbase to expand their product offerings and reclaim ground from global competitors.

Bitcoin Surges Past $115,500 Amid Growing Investor Optimism Ahead of Fed Policy Announcement

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Bitcoin’s remarkable rally showed no signs of slowing on Monday, as the world’s largest cryptocurrency surged past $115,500 (approximately Rs. 1.01 crore). The renewed momentum comes amid growing optimism in global financial markets, driven by easing geopolitical tensions and mounting expectations that the US Federal Reserve could soon announce an interest rate cut. The improved macroeconomic outlook, coupled with softer inflation data, has prompted a wave of fresh buying across the digital asset space. According to CoinMarketCap, Bitcoin climbed 3.5 percent in the past 24 hours, while Ethereum (ETH) jumped 7.1 percent, reaching around $4,200 (roughly Rs. 3.7 lakh).

The upbeat sentiment has also rippled through the broader crypto market, with altcoins continuing their bullish momentum. Binance Coin (BNB) traded near $1,151 (around Rs. 1.01 lakh), while XRP remained steady at $2.65 (roughly Rs. 233). Solana (SOL) extended its impressive gains, climbing to $204.53 (about Rs. 18,010), and Dogecoin (DOGE) rose more than 6 percent to $0.21 (roughly Rs. 18.48). The synchronized rally across major tokens highlights a return of investor confidence after months of uncertainty and cautious trading.

Market analysts suggest that the recent upswing could mark a shift toward a more sustained bullish phase for cryptocurrencies, especially if the Federal Reserve confirms a dovish stance in its upcoming policy decision. The easing of US-China trade tensions and stable macro indicators have created a favorable environment for risk assets, including Bitcoin. Experts also point to increasing institutional activity, as traditional investors seek digital exposure amid declining yields in conventional markets.

According to market trackers, the global cryptocurrency market capitalization rose 3.82 percent in the last 24 hours, reaching $3.91 trillion (roughly Rs. 3,43,00,00,000 crore). The Crypto Fear and Greed Index also climbed to 42, moving out of the “fear” zone and signaling a more balanced investor outlook. While short-term volatility remains likely, many analysts believe Bitcoin could continue testing new highs if macroeconomic conditions remain supportive and liquidity in the market stays strong.

Coinbase invests in India’s CoinDCX at $2.45 billion valuation

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Coinbase Global announced on Wednesday that it has made a new investment in CoinDCX, valuing the Indian cryptocurrency exchange at $2.45 billion post-money. The move strengthens Coinbase’s presence in the South Asian crypto market, where India remains a growing hub for blockchain and digital assets.

The investment marks another step in Coinbase’s long-term partnership with CoinDCX, following multiple funding rounds led by its venture arm, Coinbase Ventures. In April 2022, Coinbase Ventures joined a $135 million fundraising round that valued CoinDCX at $2.15 billion.

As of July 2025, CoinDCX reported annualized group revenue of $141 million and $1.2 billion in assets under custody, signaling strong growth despite ongoing regulatory uncertainty in India’s crypto sector.

“We believe India and its neighbors will help shape the future of the global on-chain economy,” said Shan Aggarwal, Coinbase’s chief business officer. He added that the deal remains subject to regulatory approvals and closing conditions.

Coinbase’s latest investment underscores a renewed wave of interest from global exchanges seeking exposure to India’s growing crypto and blockchain ecosystem, even as the country tightens oversight and explores the framework for a digital rupee.