Monad Foundation Completes $60 Million Liquidity Program for Early MON Investors

Monad Foundation said it recently completed a liquidity program that offered some early investors discounted purchases of locked MON tokens subject to a four-year lockup. According to Odaily, the program had a purchase cap of $60 million and was designed to provide an orderly exit channel for early investors with liquidity needs or changed investment goals while supporting long-term alignment among remaining holders.The foundation said nearly all token holders contacted chose not to participate, and the program has now ended. It also said it has never sold, offered to sell, or sought to sell any MON tokens through over-the-counter transactions or other means, and that it is not currently pursuing such sales.