TownSquare, a cross-chain RWA and yield infrastructure protocol built on Monad and other EVM chains, completed an oversubscribed $TOWN public sale in July 2026 via the Sonar platform, raising more than $1.5 million at valuations of $150–200 million FDV with tiered lockups. Tokenomics released in May outlined a 10 billion supply, governance utility, staking incentives, and strict vesting with only about 7.6% unlocked at TGE. As of mid-October 2026 the protocol reports roughly $12 million in deployed RWAs including townAIDC, yet the exact TGE date for the core governance token has not been publicly confirmed. Traders monitor protocol TVL growth, additional institutional vault launches, and any announcements on distribution timing, as these directly influence the probability of meeting near-term resolution deadlines.