The New York Stock Exchange is developing a blockchain-based trading platform that would allow round-the-clock trading of tokenized stocks and exchange-traded funds (ETFs), according to media reports.

The NYSE plans to launch the digital trading platform later this year, subject to regulatory approval. Tokenized securities are digital representations of traditional financial assets that can be traded on blockchain networks rather than through conventional brokerage accounts.

Supporters of tokenized assets say 24-hour trading could enhance market liquidity, enable smaller investment sizes and broaden access to U.S. equity markets, particularly for global investors.