Galaxy Research Says GLXY Will Pioneer On-Chain Shareholder Proxy Voting
According to Galaxy Research, GLXY will become the first tokenized equity to enable shareholder proxy voting through on-chain signatures in a partnership with Broadridge and Superstate.
Summary
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Terms & Concepts
Tokenized equity: A blockchain-based representation of company shares, designed to mirror ownership rights using digital tokens.
On-chain signatures: Cryptographic approvals recorded on a blockchain, allowing actions such as voting to be verified transparently.
Proxy voting: A process that lets shareholders vote on corporate matters without attending meetings in person.