According to @cryptorover, Coinbase will launch a token sales platform for retail investors, as posted on X on Nov 10, 2025; source: @cryptorover on X, Nov 10, 2025. The post provides no link to an official Coinbase announcement or regulatory filing, so the report remains unconfirmed at the time of posting; source: @cryptorover on X, Nov 10, 2025. Any retail-focused token sale initiative by Coinbase would need to navigate U.S. securities law considerations in light of the SEC’s 2023 complaint alleging Coinbase operated as an unregistered securities exchange; source: U.S. Securities and Exchange Commission complaint against Coinbase, June 6, 2023. For trading decisions, key confirmation signals include an SEC Form 8-K filing by Coinbase, an official update on the Coinbase blog, or a statement from Coinbase Investor Relations before positioning; source: U.S. SEC Form 8-K material event disclosure guidance; Coinbase Investor Relations and official blog. Instruments most directly tied to corporate product news include Nasdaq-listed COIN equity, which reflects Coinbase’s business outlook and disclosures; source: Nasdaq direct listing of Coinbase under ticker COIN on April 14, 2021.