cryptocurrency market As we transitioned to the next phase of traditional finance, capital formation was brought back to the agenda. Bitwise Chief Investment Officer (CIO) Matt HouganAccording to , the new token sales platform launched by Coinbase on November 10 symbolizes the return of regulated initial public offerings (ICOs), and this transformation may open the door to a new bull era in the cryptocurrency market in 2026.
Cryptocurrency World Talks About Coinbase’s New Platform
In his note to investors, Hougan described capital formation as the fourth major revolution of the cryptocurrency ecosystem. Bitcoin 
$104,577.96Pointing out that ‘s gold, stablecoins have redefined the dollar and tokenization has redefined the security exchange, Hougan stated that now capital raising will also change radically. According to him blockchain It has the potential to bring together entrepreneurs and investors at a lower cost and faster speed compared to traditional public offerings.
Reminding that the uncontrolled ICO period in 2017-2018 ended in failure, Hougan emphasized that that experience still proved an important fact and said, “Cryptocurrencies can provide rapid and direct capital transfer to projects.” Stating that there are high commissions and limited investor access in traditional public offerings, Hougan said that Blockchain-based models can eliminate these obstacles.
Regulation Period and Expectations for 2026
Bitwise manager stated that this time the difference is the legal framework and structural discipline. Chairman of the U.S. Securities and Exchange Commission (SEC) Paul AtkinsDrawing attention to ‘s statements supporting compatible token offerings, Hougan said: coinbaseHe stated that ‘s platform played a leading role in this transformation. He stated that Coinbase will list only one approved project every month and will proceed with strict rules such as transparency and ban on insider sales.
First token sale Monad Reminding that the project will be held between 17-22 November and the main network launch will take place on 24 November, Hougan predicts that new billion-dollar ICOs may be seen in 2026. According to him, this process could make Coinbase not just an exchange but also “crypto’s combination of Charles Schwab, Goldman Sachs and NYSE.” Moreover Ethereum 
$3,476.25 And solana Smart contract infrastructures such as will also directly benefit from this rise.
According to Hougan, the return of regulated ICOs will strengthen interest in cryptocurrencies. His opinion on this subject is, “Stablecoins and tokenization have expanded the story of crypto money. If billions of dollars are collected through new ICOs, this story will grow even more.” He expressed it with his words.
