Ondo expands tokenized equities with onchain shareholder voting
Ondo Finance is adding shareholder voting rights to its tokenized stocks and exchange-traded funds (ETFs) through a partnership with financial infrastructure provider Broadridge, addressing one of the key limitations of blockchain-based securities. The companies announced Thursday that holders of more than 250 tokenized securities issued through Ondo will be able to participate in proxy voting and access corporate communications, including regulatory filings and other shareholder documents. The integration uses a Web3-enabled version of Broadridges investor communications platform, allowing users to authenticate with blockchain wallets while accessing governance services typically reserved for shareholders in traditional markets. The move comes as tokenized equities gain momentum among digital asset companies seeking to bring conventional financial products onchain. While tokenization promises faster settlement and around-the-clock trading, questions have remained over whether investors would receive the governance rights that accompany traditional direct stock ownership.Source: Ondo Finance Ondo said the governance features will accompany the launch of its first US custodial tokenized securities, including tokenized versions of BlackRocks iShares Core Ss third-party custodial framework for tokenized securities. Related: Blockchain.com deepens onchain stock offerings as tokenized equities market grows Competition heats up in tokenized equities The market for tokenized stocks has expanded rapidly this year, as its total value first surpassed $1 billion in









