Dinari, an issuer of tokenized U.S. equities, and tZERO Group, a blockchain-based financial infrastructure provider, said Wednesday they are partnering to build an operating framework that would let broker-dealers offer tokenized U.S. stocks.

The move comes as firms race to build the infrastructure for blockchain-based stocks and debate how tokenized stocks should work.

Dinari and tZERO partnered to help broker dealers launch tokenized US equity offerings through regulated infrastructure for trading, custody, clearing and settlement.