Ondo and Broadridge Bring Proxy Voting to Tokenized Stocks
Cointelegraph
Ondo Finance has partnered with Broadridge to enable proxy voting for holders of its tokenized stocks and ETFs via a new Web3 relay system.Summary
Ondo Finance has collaborated with financial technology firm Broadridge to introduce proxy voting capabilities for investors holding tokenized stocks and exchange-traded funds (ETFs). By integrating Broadridge’s ProxyVote platform with a Web3-enabled relay system, Ondo allows tokenholders to cast votes through their crypto wallets, which are then executed on the real underlying shares and recorded on-chain for transparency. This initiative aims to bridge the gap between traditional equity governance and the burgeoning tokenized asset market, which has recently surpassed $1.15 billion in distributed value.
(Source：Cointelegraph)