TL;DR
Broadridge integration gives token holders proxy voting preference submission channel.
Ondo aggregates preferences then exercises legal voting rights as custodian.
Avalanche blockchain ensures auditability and regulatory-friendly controls for governance data.
Ondo Finance and Broadridge have solved one of the fundamental problems plaguing tokenized assets: the inability of shareholders to exercise voting rights on corporate matters. For months, crypto investors holding tokenized shares of companies like Tesla or NVIDIA lacked a mechanism to participate in proxy voting—the standard mechanism through which traditional shareholders influence company decisions.
The partnership addresses this gap directly, allowing tokenholders to connect their crypto wallets, cast votes, and have the actual shares voted accordingly, with the entire transaction recorded onchain for transparency and auditability.
Matthieu de Vergnes, global head of institutional operations at Ondo Finance, framed the development as a step toward functional equivalence between tokenized and traditional equity. By integrating with Broadridge’s Web3-enabled relay system, Ondo removes a friction point that previously made tokenized stocks feel like incomplete copies of their non-crypto counterparts.
A tokenholder can now sign in through their cryptocurrency wallet, verify their holdings, and submit voting preferences. Broadridge’s system then routes those preferences to Ondo’s issuer, which votes the underlying real shares on behalf of the token owner. Every action gets recorded onchain, creating an auditable ledger of voting activity.
Proxy voting itself functions as a delegation mechanism. A shareholder authorizes someone else to cast votes on corporate matters—board elections, dividend distributions, merger approvals—on their behalf. Traditional stock ownership has featured proxy voting for decades as a standard right. Tokenized stocks, despite their technical sophistication, had largely omitted voting capabilities until now.
The omission reflected a real constraint: blockchain networks and cryptocurrency wallets operated in separate ecosystems from the custody systems and voting infrastructure that traditional brokerages use. Bridging those worlds required new technical architecture.
The Market Accelerates Toward Real-World Asset Integration
Tokenized stocks have exploded in value during the past month, reaching $1.15 billion in distributed value across all chains and issuers. In just 30 days, the category expanded by 25.46%, suggesting accelerating adoption among institutional and retail investors alike.
Monthly trading volume for tokenized stocks stands at $2.27 billion, while the number of unique holders climbed to over 217,000—up 9.26% in the last month alone. Assets like Tesla, NVIDIA, and S&P 500-linked products dominate by value, though more specialized offerings tracking companies like Circle Internet and strategy-linked tokens also attract capital.
Ondo Finance claims roughly 70% market share in the tokenized stock space, managing over $700 million in total value locked across its various offerings. The company distributes products across three major blockchains: Solana, Ethereum, and BNB Chain. Each token maintains backing from actual stocks or ETFs held in custody, creating a direct 1:1 relationship between the digital asset and the underlying security.
The governance integration with Broadridge matters because it removes a key reason institutional investors might hesitate to use tokenized stocks instead of traditional brokerage accounts. An endowment, pension fund, or large family office that holds traditional shares values the ability to vote on corporate matters.
If tokenized versions lacked voting rights, institutions would view them as inferior products despite their other advantages—24/7 trading, instant settlement, lower custody fees, composability with DeFi protocols. Restoring voting rights to tokenized stocks eliminates a material disadvantage.
Recent partnerships reinforce the trajectory toward comprehensive traditional finance integration. Last month, Franklin Templeton and Ondo announced a collaboration to bring tokenized versions of Franklin’s ETFs onchain, accessible through crypto wallets rather than traditional brokerage interfaces. The initial offering covers five funds spanning US equities, fixed income, and gold, available across Europe, Asia-Pacific, the Middle East, and Latin America, with US availability pending regulatory approval. Meanwhile, Binance listed 10 tokenized assets from Ondo Global Markets on its Binance Alpha platform, including tokens tracking Apple, NVIDIA, and the Invesco QQQ ETF.
Each partnership and platform integration moves tokenized assets closer to feature parity with traditional finance while retaining the operational advantages of blockchain infrastructure
