Eterna Capital says SEC opens path for secondary trading of tokenized U.S. equities

Eterna Capital’s October 2026 note flagged the CLARITY Act stalling in the Senate, limiting near-term odds for a federal crypto market-structure framework. Regulatory momentum shifted to agencies, with the SEC creating a five-year innovation exemption for secondary trading of tokenized U.S. equities. The SEC framework backed permissioned liquidity pools on public blockchains, requiring tokens to represent actual shares with economic, governance rights. U.S. crypto markets moved toward onchain perpetuals, with Kraken parent Payward pursuing Hyperliquid’s HIP-3 allowlist model pending approval. Security losses underscored operational risk, with Bitget hit for about $388 million, Liquid Network for roughly $320 million via key-adjacent infrastructure. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eterna Capital Ltd published the original content used to generate this news brief on October 09, 2026, and is solely responsible fo