The SEC has granted a five year exemption that lets tokenized US stocks trade on chain on platforms that meet its rules (Bloomingbit), and since it came days after the CLARITY Act fell short in the Senate, it showed regulators will act with the powers they already hold. Hyperliquid’s HYPE hit a record $96 on September 21 (Bloomberg), yet retail traders are looking at meme coins with working tools, where Pepeto is shaping up as the breakout of the autumn after taking in more than $11 million.