Jack Paul 
Ondo Finance is rolling out a proxy voting feature for holders of its tokenized equities, a move that brings these blockchain-based assets closer to traditional stock ownership. The feature, developed in partnership with Broadridge Financial Solutions, lets investors review corporate filings and submit voting preferences through Broadridge’s ProxyVote system. To use it, investors log in with their crypto wallets and gain access to governance tools usually reserved for brokerage accounts.
Tokenized equities sector growing rapidly
This development arrives as tokenized equities emerge as one of the fastest-growing areas in crypto. These tokens represent stocks and ETFs on blockchain rails, and the category now holds over $1.1 billion in total value locked — tripling in size over the past year, according to data from RWA.xyz. Ondo is the largest issuer in this sector, reporting more than $700 million in stock and ETF tokens on its Global Markets platform, which is offered to non-U.S. investors.
Why proxy voting matters for token holders
Adding proxy voting to equity tokens is significant because these offerings have often lacked basic governance rights. Ondo’s tokens remain separate from the underlying shares and don’t grant direct shareholder rights. However, the new system lets investors express preferences that Ondo can apply when voting the shares it holds. “It really hits at the heart of Ondo’s vision to make traditional financial assets more accessible,” said Matthieu de Vergnes, Ondo’s global head of institutional. “You get all the benefits of being onchain – freely transferable, compatible with DeFi – and on top of that, you get the governance that you have from the the underlying.”
Broadridge brings traditional infrastructure to blockchain
Broadridge, which processes large volumes of proxy votes in traditional markets, is extending its infrastructure to blockchain systems with this partnership. The firm says the goal is to support both digital and conventional assets within the same workflows. Giving investors the same level of auditability, transparency and compliance will “really go a long way in making the tokenized world more scalable, giving that level of trust to end investors,” said Danielle Gurrieri, senior vice president and head of product management at Broadridge.