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Ondo Finance adds proxy voting for holders of its $700 million tokenized equities

CoinDesk
Ondo Finance has integrated Broadridge’s ProxyVote system, allowing holders of its tokenized equities to participate in corporate governance processes.

Summary

Ondo Finance has introduced proxy voting capabilities for its $700 million in tokenized equities, enabling investors to engage with corporate governance. By partnering with Broadridge Financial Solutions, Ondo allows users to review filings and submit voting preferences via the ProxyVote platform using their crypto wallets. While these tokens do not confer direct shareholder rights, this initiative bridges the gap between traditional brokerage benefits and blockchain-based assets, enhancing transparency and investor trust in the rapidly growing tokenized equity sector.

(Source:CoinDesk)