Ondo Brings Blackrock IVV ETF and Micron Shares Onchain in US Regulatory First

Ondo announced the motorboat connected Thursday, moving with Broadridge Financial Solutions to grip proxy voting and shareholder communications for token holders. Broadridge trades connected the NYSE nether the ticker BR.

The operation follows a exemplary that the U.S. Securities and Exchange Commission (SEC) outlined successful a January 2026 connection connected tokenized securities. Under that model, a 3rd enactment holds the underlying shares successful accepted custody portion issuing crypto tokens that correspond a holder’s assertion connected those shares.

How the Tokens Work

Ondo’s registered transportation agent, Oasis Pro TA, mints tokens backed one-to-one by the underlying shares. Those shares enactment wrong the regular U.S. custody chain. The tokens themselves beryllium connected the Ethereum blockchain, held by regulated custodians.

Token holders get the aforesaid rights arsenic investors holding shares done a modular brokerage account. That includes issuer communications and onchain proxy voting, tally done Broadridge’s Proxyvote.com platform. A participating broker-dealer, transportation agent, and custodian enforce transportation restrictions to support the setup compliant with existing rules.

What Ondo and Broadridge Said

Ondo Finance CEO Ian De Bode framed the motorboat arsenic impervious that aggregate tokenization models tin run wrong U.S. instrumentality astatine once. He said the institution built the infrastructure to enactment respective approaches alternatively than picking one.

The Ondo Finance CEO remarked:

“Tokenized Securities successful the U.S. are excessively often framed arsenic a binary prime betwixt competing models and tokenization providers. This is simply a mendacious premise. Ondo has built the regulatory, product, and work infrastructure to enactment each large models wrong the United States. Today’s milestone shows we tin tokenize securities successful ways that conscionable some marketplace and regulatory requirements, for U.S. and planetary investors and provides a beardown instauration for our expanding entree to onchain investments for much U.S. investors.”

Doug DeSchutter, president of Broadridge’s Investor Communication Solutions business, said tokenization lone scales erstwhile it pairs innovation with capitalist confidence. He pointed to proxy voting and regulatory disclosures arsenic the pieces that springiness token holders the aforesaid lasting arsenic accepted shareholders.

Why This Differs From Earlier Tokenization Efforts

Most tokenized securities to day person operated extracurricular the U.S. oregon required issuer-by-issuer sponsorship. This motorboat keeps the underlying shares wrong the aforesaid custody infrastructure that already services U.S. securities markets. That favoritism matters for investors who privation blockchain-based vulnerability without stepping extracurricular SEC oversight.

Ondo’s Global Markets level already supports much than $1 cardinal successful tokenized securities crossed much than 430 stocks and ETFs extracurricular the U.S. The Blackrock IVV ETF and Micron tokens people the company’s archetypal propulsion into the home marketplace nether this custodial approach.

Broadridge, for its part, said it present supports each large tokenized securities model: issuer-listed tokens, synthetic tokens issued abroad, and present third-party custodial tokens wrong the U.S.

For investors watching the tokenization space, the motorboat signals that voting rights and disclosure access, agelong cited arsenic gaps successful tokenized equity products, present person a moving solution tied straight to existing U.S. marketplace infrastructure.