24 Nov 2025

Latham & Watkins Advises Monad Foundation on Public Mainnet Launch and MON Token Airdrop

"Latham & Watkins LLP advised Monad Foundation on the launch of the Monad public mainnet and the airdrop of its native MON token. The launch follows an initial MON distribution on Coinbase’s Token Sales platform, which concluded Nov. 22."

Latham & Watkins LLP represented Monad Foundation in connection with the launch of the Monad public mainnet and the airdrop of its native network token, MON. Monad Foundation, an independent organisation dedicated to supporting the development, adoption and growth of the Monad blockchain protocol, announced the launch of the Monad Public Mainnet alongside the airdrop of MON. Monad is a high-performance Layer 1 blockchain engineered for speed without sacrificing security or decentralization, while maintaining full compatibility with the existing Ethereum ecosystem. The mainnet launch follows the initial distribution of the MON token on Coinbase’s Token Sales platform, which concluded on Nov. 22. Latham & Watkins LLP represented Monad Foundation with a team composed by: partners Stephen Wink and Stuart Davis, Global Co-Chairs of Latham’s Fintech Industry Group; partner Gabriel Lakeman; and associates Daphne Lambadariou and Sam Maxson. Advice on benefits matters was provided by partner Ashley Wagner.
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