TLDR:
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- Ondo Finance holds roughly 70% of the tokenized stock market share, with over $825M in total value locked.
- Holders of 250+ tokenized stocks and ETFs can now participate in proxy voting through Broadridge’s network.
- Voting recommendations are weighted proportionately based on each token holder’s onchain ownership stake.
- Ondo tokenized stocks are live on Solana, Ethereum, and BNB Chain, backed by Binance, MetaMask, and Ledger.
- Ondo Finance holds roughly 70% of the tokenized stock market share, with over $825M in total value locked.
Ondo Finance has announced a partnership with Broadridge to bring proxy voting to holders of tokenized stocks and ETFs.
Through this integration, holders of over 250 tokenized products can now access corporate governance tools. Broadridge serves more than 10,000 public companies and connects issuers with investors globally.
The collaboration adds a meaningful layer of functionality to Ondo’s growing platform for onchain securities. This development comes as tokenized asset markets continue to expand.
Connecting Onchain Holders to Corporate Governance
Ondo Finance will allow token holders to participate in proxy voting for underlying securities. Holders can also access prospectuses, regulatory filings, and issuer communications through Broadridge’s established infrastructure.
Voting recommendations will be weighted proportionately based on each holder’s token ownership. This structure ensures governance participation reflects actual onchain holdings accurately.
Broadridge will aggregate token holder preferences alongside votes from traditional market participants. This aggregation requires consent from Ondo Global Markets before any votes are consolidated.
As a result, onchain investors gain access to governance tools previously available only to conventional shareholders. The integration also preserves blockchain benefits such as 24/7 trading and free token transferability.
Ondo Finance announced the development through its official channels, writing: “Ondo is partnering with Broadridge to enable holders of tokenized stocks and ETFs to participate in proxy voting and access regulatory filings and issuer communications for underlying securities.”
Matthieu de Vergnes, MD and Global Head of Institutional at Ondo Finance, addressed the announcement directly.
He stated that the partnership enables onchain tokenized stock holders to access governance and voting capabilities.
He added that corporate governance participation is another step toward delivering institutional-quality products onchain. The firm views this as a natural extension of its core design goals.
Doug DeSchutter, President of Investor Communication Solutions at Broadridge, also commented on the collaboration.
He said the partnership helps define the next generation of market infrastructure. He described it as a bridge between investor protections in traditional finance and the programmability of public blockchains. Both parties anticipate further developments as the integration progresses.
Ondo’s Position in the Tokenized Stock Market
Ondo Finance currently holds roughly 70% of total tokenized stock market share. At its peak, the platform recorded over $825 million in total value locked.
This spans more than 250 tokenized stocks and ETFs across the platform. Tens of thousands of asset holders use Ondo’s onchain securities products today.
The platform operates across Solana, Ethereum, and BNB Chain. It is supported by leading wallets, exchanges, custodians, and protocols.
Binance, Bitget, MetaMask, Ledger, and Blockchain.com are among the key supporting partners. This broad ecosystem support reflects the platform’s reach across the broader crypto market.
The Broadridge partnership builds directly on this existing infrastructure. It adds governance access that was previously unavailable to onchain investors.
As tokenized assets gain wider adoption, proxy voting becomes an increasingly relevant feature. This collaboration reinforces Ondo’s ongoing goal of matching traditional market standards on the blockchain.
