Ondo Finance Integrates Proxy Voting for Tokenized Equities via Broadridge

Ondo Finance is enhancing the utility of its tokenized equity offerings by implementing a proxy voting system, allowing holders to participate in the governance of the underlying assets. Through a partnership with Broadridge Financial Solutions (BR), investors can now access company filings and submit voting preferences via the ProxyVote system using their crypto wallets. This move addresses a long-standing gap in the tokenized asset space, where holders have frequently lacked the governance rights associated with traditional share ownership. While the tokens do not grant direct legal shareholder rights, the new system allows Ondo to execute votes based on the preferences expressed by its token holders. Ondo currently manages over $700 million in stock and ETF tokens on its Global Markets platform, catering primarily to non-U.S. investors. This growth mirrors a broader trend in the tokenized equities sector, which has seen its total value locked surge to over $1.1 billion—a threefold increase over the past year. By combining the efficiency and transferability of DeFi with the transparency and compliance standards of traditional finance, Ondo aims to make traditional assets more accessible. Broadridge is leveraging this partnership to expand its infrastructure into blockchain systems, aiming to unify digital and conventional asset workflows to increase scalability and investor trust.