$60M Exit Claim for Monad Investors Leaves No Public Record
A $60 million exit claim for early investors in Monad (MON) has left no public record, despite allegations from Crypto Daily. The review of public records found that the disclosed vesting schedule for investor tokens shows they will remain locked until November 24, 2026.
No official announcement or launch coverage by Coinbase or other outlets documented a $60 million cash exit for early investors. According to the public sale disclosure on Coinbase, up to 7.5 billion MON were offered at $0.025 each during the November 17-22, 2025 sale, with an implied fully diluted valuation of $2.5 billion.
The disclosed terms show that investor tokens are subject to a four-year lockup beginning from mainnet launch, with a one-year cliff and equal monthly unlocks afterward. This means any cash exit for investors would need to be documented separately from the scheduled token releases, which does not appear in public materials examined by Crypto Daily.
Launch coverage from The Block focused on demand for the Coinbase sale, reporting that it 'started hot and then fizzled', but did not describe a company-run cash exit for early investors.