Ondo Finance has partnered with Broadridge Financial Solutions to enable holders of tokenized stocks and ETFs to participate in proxy voting for the first time. The feature applies to more than 250 third‑party tokenized stocks and ETFs offered through Ondo, which has become one of the largest platforms in this niche.
Under the deal, tokenized asset holders can now access and read prospectuses, regulatory filings, and issuer communications related to the real-world securities that back their tokens. This move aims to make tokenized shares behave more like traditional shares, with full governance rights rather than just price exposure.
How Broadridge Brings Proxy Voting On-Chain
Broadridge plugged its existing ProxyVote system into a new Web3-enabled layer, enabling investors to log in with their crypto wallets and vote directly.
When a company calls a shareholder meeting, token holders will receive voting materials, review them on-chain, and submit their choices without going through multiple intermediaries.
The platform records votes on an Avalanche-based layer-1 blockchain that Broadridge operates, and then can propagate that data to other chains if needed. Issuers get a single dashboard that shows voting across both traditional and tokenized shares, helping reduce errors that often occur when several custodians sit in the middle.
Why this Matters for Tokenized Equities
Until now, most tokenized stocks have given traders price exposure but have not always delivered clear access to governance. Ondo and Broadridge say adding proxy voting fills that gap and brings tokenized securities closer to the standards that regular stockholders expect.
Broadridge already handles communications and proxy voting for a large part of global equity markets and processes around $8 trillion in tokenized assets per month across its systems. Tapping that scale for on-chain assets signals that established market infrastructure providers now see tokenization as part of mainstream finance rather than a side experiment.
Ondo says the move is another step toward its goal of bringing “institutional-quality” financial products on-chain by matching traditional rights and disclosures. With voting now available, token holders can influence corporate decisions, such as board elections and major transactions, while still trading their positions on the blockchain.
Broadridge plans to extend the same framework to more tokenized securities over time, with proxy voting as the first corporate action and others, like dividends and stock splits, likely to follow.
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