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- ⚡️ Coinbase ICOs and Turbo's Tokenized Energy
⚡️ Coinbase ICOs and Turbo's Tokenized Energy
Your Mid-Week Security Token Digest
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Welcome to your Wednesday RWA breakdown ☀️ We have two captivating topics for you to dive into:
1️⃣ 📈 Coinbase Launches ICOs, Starts with Monad
2️⃣ ⚡️ Turbo Energy, Stellar, and Taurus Partner for Tokenized Energy in Spain
Without further ado, it's time to…
Get Liquid 💧
Your First Captivating Topic of the Week
📈 Coinbase Launches ICOs, Starts with Monad
The crypto space has had multiple cycles and themes with 2017’s being the ICO craze, with projects raising millions in unregulated offerings. This actually inspired the start of Security Token Advisors for compliant offerings, with Herwig advising one of the first compliant security token offerings or STOs (yes that’s what RWAs used be called).
Coinbase is now bringing ICOs back but with a twist. They’re taking a self-regulatory approach where they’re doing their due diligence on projects, allowing one per month to start. This also comes with restrictions such as team members’ tokens being locked to prevent pump and dumps and disclosures. On the investor side, people can sign up to invest and Coinbase is making more equitable allocations by giving priority to lower ones and limiting larger “whales”. At the same time if investors sell their coins right away they’ll be penalized and may receive less allocation in the next offering they participate in.
Controls like these are the building blocks of what’s to likely evolve into regulated security token offerings (RWAs) which makes sense for Coinbase given the 100M+ user base they have and deep liquidity on their platform. Bitwise’s Chief Investment Officer put it cleanly,
It's not just the Charles Schwab of crypto; it's Charles Schwab + Goldman Sachs + NYSE
Their first sale is with Monad at just a $100 minimum and a max of $100K (big range, hence the "Filling up from the bottom" approach) of course paid in USDC. The sale will open from 11/17-11/22 after which tokens are allocated and leftover USDC is returned to you. It’ll be interesting to see how quickly this offering fills up and how secondary market trading behavior looks given the team and affiliate restrictions combined with incentive for investors to hold for longer than 30 days allowing for hype to cool down.
When Coinbase evolves this to supporting the increased compliance needs of a regulated primary tokenized securities offering, it will be a game changer with the amount of reach they have and take tokenization more mainstream. Combine the primary offering with secondary market trading and collateralized borrowing & lending (like they now have for crypto using Morpho) and you have a more liquid, useful, and functioning ecosystem at scale. It’s not just Coinbase building towards this off course, Robinhood, Gemini, and every major crypto exchange is going to be moving towards hosting RWAs.
This is not financial advice.
RWA Foundation & WALLY DAO Updates

The RWA Foundation introduced the RWA Pod as “A permissionless way for anyone to support RWAs using crypto with multiple RWA project tokens as yield.”
In partnership with PERQ, the RWA Pod allows you to deposit ETH, USDC, ARB, and S/ Sonic. Participants will receive tokens on multiple blockchain protocols related to RWA projects that the RWA Foundation has qualified and selected as Founding Members.
Two of the tokens in the POD rewards are Brickken’s BKN and DRVN’s BSTR. Want to learn more about them? Check out interviews with their founders now available on X and on YouTube, go ahead and check them out 👇!
Your Second Captivating Topic of the Week
⚡️ Turbo Energy, Stellar, and Taurus Partner for Tokenized Energy in Spain
Taurus is powering the tokenization engine behind Turbo Energy’s $TURB ( ▼ 4.59% ) debt offering centered around renewable energy. Many are looking to make their homes more green and solutions like Turbo Energy’s deliver that as a hybrid of solar and battery installations. Can anyone afford them? Well that’s where financing comes into play and they’re putting it on the Stellar blockchain.
This is starting with a proof of concept at a supermarket in Spain by tokenizing the financing of battery-integrated Power Purchase Agreements (PPAs), following a pilot they conducted in Chile. This offering will naturally be centered around the yield that would come from the debt issued and the opportunity to invest in an alternative investment like this all while being on an efficient blockchain like Stellar. Of course it makes sense to start small to prove the model and replicate from there to scale.
With that said, one could speculate that beyond the debt offering this POC could inspire future ones, maybe where data from these battery installations can also go onchain and influence vaults, data sales (via Diol for example), profit shares, etc. The onchain future is bright and Turbo Energy, Stellar, and Taurus are applying it productively in the renewable energy space.
This is not financial advice.
💦 What else is Drippin’
Security Token Show Ends with 300 Episodes!
Check out the latest and final episode of the Security Token Show as well as the full catalog on Youtube, Spotify, Apple Podcasts & Google Podcasts.
Reports
RWA Tokenization: Key Trends and 2025 Market Outlook
Check out a report we contributed to: RWA Tokenization: Key Trends and 2025 Market Outlook. Led by Brickken, this report brings multiple parties together in diving into tokenization, with STM.co supporting with both data and some of the written sections.
What’s Inside?
✅ A Breakdown of Tokenization and Related Benefits
✅ Key advantages for issuers, investors, and institutions
✅ How the market is evolving and trends shaping adoption in 2025
✅ What’s next? Expert insights on regulation, DeFi integration, institutional involvement, and market growth
STM’s RWA Market Prediction for 2030
STM.co is proud to release a thorough report on our prediction on the tokenized real world asset market growth. This report explores the variety of opportunities within each asset class to capture value on-chain.
Tokenization can be applied to just about any object and asset type. Art, carbon credits, life insurance, and other sub $5 trillion asset classes weren’t even considered in estimates.
In order for STM to derive its 2030 market predictions, the following asset classes were evaluated: currency, M2/M3, real estate, commodities, public equities, private companies and funds, bonds, credit and lending markets.
This is not financial or investment advice.
Everything in this newsletter is for informational and entertainment purposes only. Nothing in this report should be taken as financial advice or as an inducement to purchase or sell any security. Nothing in this newsletter should be used as legal advice. Always do your own research before making any decisions regarding financial transactions of securities.

