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Ondo Finance and Broadridge Add Proxy Voting to More Than 250 Tokenized Stocks and ETFs

Ondo Finance states that holders of more than 250 tokenized securities can use crypto wallets to access Broadridge’s ProxyVote and submit voting preferences that Ondo may consider when voting underlying shares.

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Fact Check
The claim is strongly supported by the official announcement "Ondo Finance Brings Shareholder Voting Capabilities to Tokenized Securities with Broadridge," which directly confirms the Ondo-Broadridge partnership and the addition of voting capabilities. CoinDesk's "Ondo Finance adds proxy voting for holders of its $700 million tokenized equities" matches the specific details in the claim: more than 250 tokenized stocks and ETFs, access through crypto wallets to Broadridge's ProxyVote, and submission of voting preferences that Ondo may consider when voting the underlying shares. crypto.news independently reports the same arrangement. I found no conflicting authoritative evidence.
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Summary

Ondo Finance added proxy voting for holders of more than 250 tokenized securities through Broadridge, expanding on its earlier announcement with details on how the system works. Investors can use crypto wallets to access Broadridge’s ProxyVote platform, review company documents, and submit voting preferences. Ondo may consider those preferences when voting the shares it holds, linking tokenized market access more directly with corporate governance functions tied to the underlying securities.

Terms & Concepts
  • Tokenized securities: Blockchain-based representations of traditional financial assets that allow onchain access while linking to underlying securities.
  • ProxyVote: Broadridge’s proxy voting platform that lets investors review materials and submit voting instructions on corporate matters.
  • Proxy voting: A process that allows investors to express votes on shareholder matters without attending meetings in person, typically through an authorized system.