HomeCryptoOndo Finance and Broadridge Bring Proxy Voting to 250+ Tokenized Stocks and...

Ondo Finance and Broadridge Bring Proxy Voting to 250+ Tokenized Stocks and ETFs

Holders of Ondo tokenized stocks can now participate in shareholder governance through Broadridge's ProxyVote infrastructure.

Ondo Finance announced a partnership with Broadridge Financial Solutions on April 28. The deal introduces proxy voting and investor communications to holders of more than 250 tokenized stocks and ETFs. This marks the first time onchain equity investors can vote on corporate governance matters. Previously, tokenized stock holders could trade and hold these assets but lacked formal shareholder rights. The partnership closes that gap by connecting Broadridge’s established proxy infrastructure to Ondo’s blockchain-based platform.

Matthieu de Vergnes, Managing Director and Global Head of Institutional at Ondo Finance, framed the move as a step toward parity with traditional markets. “This partnership represents meaningful progress toward bringing institutional-quality financial products on-chain,” de Vergnes said. He added that clients can now participate in corporate governance alongside the benefits of blockchain-native assets.

How It Works

Broadridge built a new Web3-enabled layer on top of its existing ProxyVote platform. That system already handles investor communications for thousands of public companies worldwide. Through this integration, Ondo token holders can log in with their crypto wallets to access voting materials. When a company calls a shareholder meeting, holders receive prospectuses, regulatory filings, and governance documents. They can then review the materials and submit their votes directly through wallet signatures.

Importantly, this process removes the need for multiple intermediaries. Traditional proxy voting often routes through brokers, custodians, and transfer agents before reaching individual investors. Broadridge’s Web3 extension compresses that chain. It connects token holders on Solana, Ethereum, and BNB Chain directly to the same governance infrastructure that serves traditional equity markets.

Ondo’s Scale in Tokenized Stocks

Ondo Finance now operates the largest tokenized stocks platform in the market. The company holds roughly 70% of total market share in the tokenized equities sector. Its platform manages over $700 million in total value locked across 250+ tokenized stocks and ETFs. Tens of thousands of asset holders actively use the platform today.

Each Ondo tokenized stock mirrors a traditional equity on a 1:1 basis. For example, a token like TSLAon represents a direct claim on Tesla shares held by Alpaca Securities, a U.S.-registered broker-dealer and custodian. This structure ensures that each token is fully backed by the underlying security. Tokens are deployed across three public blockchains and support cross-chain transfers through LayerZero. Leading platforms including Binance, Bitget, MetaMask, Ledger, and Blockchain.com already support Ondo tokenized assets.

Why Governance Rights Matter for Institutional Adoption

The absence of voting rights has been one of the biggest objections institutions raise about tokenized equities. Without governance participation, tokenized stocks function more like synthetic exposure than actual ownership. That distinction matters to institutional allocators who need full shareholder rights to meet fiduciary obligations.

Broadridge’s involvement adds significant credibility to this effort. The company processes roughly $8 trillion in tokenized assets monthly across traditional markets. Doug DeSchutter, President of Investor Communication Solutions at Broadridge, described the partnership as “defining the next generation of market infrastructure.” He highlighted the goal of bridging investor protections from traditional finance with the programmability and global accessibility of public blockchains. For institutional investors evaluating tokenized equities, complete ownership rights, including governance, remove a major adoption barrier.

This partnership represents meaningful progress toward bringing institutional-quality financial products on-chain

What Comes Next

Broadridge plans to extend the same framework to additional corporate actions over time. Proxy voting represents the first capability, but dividends and stock splits are likely to follow. This suggests a broader roadmap where tokenized securities gradually match the full feature set of traditional equity ownership.

Ondo has also expanded its platform in other directions recently. In February 2026, the company launched Ondo Global Listing, which enables same-day tokenization of IPOs. Additionally, Ondo tokenized stocks and ETFs now trade on 360X, a regulated digital asset platform backed by Deutsche Borse. That integration brings Clearstream-enabled custody, settlement, and collateralization to institutional workflows across the EU. Together, these developments signal that Ondo is building toward a comprehensive onchain equities infrastructure, not just a trading product.

The Bigger Picture

The tokenized equities market has now surpassed $1.1 billion in total value. As the dominant player in that space, Ondo’s decision to add governance rights sets a new baseline for what investors should expect from tokenized stocks. Broadridge’s infrastructure ensures these rights are delivered through the same systems that already serve traditional markets.

For the broader real-world asset (RWA) tokenization sector, this partnership reinforces a clear trend. The gap between onchain and traditional financial products continues to narrow. Each new integration, whether governance, custody, or settlement, brings tokenized securities closer to full parity with their traditional counterparts. That convergence is what institutions need to see before committing meaningful capital to onchain equities.

*Disclaimer: News content provided by Genfinity is intended solely for informational purposes. While we strive to deliver accurate and up-to-date information, we do not offer financial or legal advice of any kind. Readers are encouraged to conduct their own research and consult with qualified professionals before making any financial or legal decisions. Genfinity disclaims any responsibility for actions taken based on the information presented in our articles. Our commitment is to share knowledge, foster discussion, and contribute to a better understanding of the topics covered in our articles. We advise our readers to exercise caution and diligence when seeking information or making decisions based on the content we provide.

RELATED ARTICLES
spot_img

Latest

Most Popular