Monad appoints Anchorage Digital as the custodian for MON tokens

ChainCatcher News, according to The Block, Monad announced that its Layer 1 blockchain and native token MON will be launched during Eastern Time, and Anchorage Digital has been designated as the preferred custodian.

Institutional users can securely hold and stake MON through Anchorage's custody platform or the self-custody wallet Porto. MON will become the first project to be launched on a new public offering platform of a certain exchange, with an initial circulating supply lock-up ratio of 50.6%.