Ondo adds on-chain shareholder voting via Broadridge

Ondo Finance and Broadridge announced Thursday a partnership that will enable on-chain shareholder voting and proxy access for holders of more than 250 tokenized securities. The integration will let token holders receive regulatory filings and other shareholder communications while authenticating with blockchain wallets.

The work uses a Web3-enabled version of Broadridge’s investor communications platform to connect blockchain identities to traditional governance workflows. Token holders will be able to view company disclosures and submit proxy votes through the same wallet-based authentication used for on-chain trading.

Ondo plans to roll the governance features out alongside the launch of its first U.S. custodial tokenized securities, which include tokenized versions of BlackRock’s iShares Core S&P 500 ETF (IVV) and shares of Micron Technology (MU). Ondo described those assets as the first issued under the U.S. Securities and Exchange Commission’s third-party custodial framework, a regulatory pathway that allows custodians to hold underlying assets while tokens circulate on-chain.

Tokenization supporters have cited faster settlement and round-the-clock trading as benefits of on-chain securities. Market participants have raised questions about whether token holders would have the same governance rights and access to company disclosures as direct stock owners. The Broadridge integration links on-chain holdings to proxy voting and standard shareholder communications that are typical in conventional markets.

Ondo provided figures showing the tokenized equities market has grown rapidly this year. According to the company, the total value of tokenized stocks reached about $1.67 billion and there are nearly 181,000 unique holders. Ondo also reported the sector has expanded roughly 14-fold since May 2025 and that the market passed $1 billion in March.

The company faces competition from other firms issuing tokenized stocks and ETFs through different structures and distribution channels. The Broadridge integration requires custodial and communications infrastructure to match blockchain ownership records with shareholder registers and proxy systems used by issuers and transfer agents. Ondo’s rollout will test how well wallet-based authentication can be aligned with those conventional governance processes.

Industry participants point to improving infrastructure and regulatory clarity as factors behind rising institutional adoption of tokenized real-world assets. The Broadridge partnership applies specific governance tools to a set of tokenized securities issued by Ondo and establishes a technical path for distributing shareholder communications and collecting proxy votes from blockchain wallets.