Ondo Finance adds proxy voting for holders of its $700 million tokenized equities

The determination aims to bring Ondo's tokenized stocks and ETFs person to accepted ones held successful a brokerage account.

Apr 28, 2026, 7:29 a.m.

Ondo Finance is bringing tokenized equities person to their accepted counterparts, offering investors a mode to enactment successful firm governance.

The feature, built with Broadridge Financial Solutions (BR), allows holders of much than 250 tokenized securities connected Ondo's level to reappraisal institution filings and taxable voting preferences done Broadridge’s ProxyVote system.

Investors tin log successful with crypto wallets, past entree documents and governance tools typically reserved for brokerage accounts.

The determination comes arsenic tokenized equities person emerged arsenic 1 of the fastest-growing sectors successful crypto, bringing stocks and ETFs connected blockchain rails. The class present holds implicit $1.1 cardinal successful worth locked, tripling successful size implicit the past year, RWA.xyz information shows. Ondo is the largest issuer successful the sector, reporting much than $700 cardinal successful banal and ETF tokens connected its Global Markets platform, offered to non-U.S. investors.

Adding proxy voting to equity tokens matters due to the fact that these offerings person often lacked basal governance rights. While Ondo’s tokens stay abstracted from the underlying shares and bash not assistance nonstop shareholder rights, the caller strategy lets investors explicit preferences that Ondo tin use erstwhile voting the shares it holds.

"It truly hits astatine the bosom of Ondo's imaginativeness to marque accepted fiscal assets much accessible," Matthieu de Vergnes, Ondo's planetary caput of institutional, said successful an interrogation with CoinDesk. "You get each the benefits of being onchain – freely transferable, compatible with DeFi – and connected apical of that, you get the governance that you person from the the underlying."

Broadridge, which processes ample volumes of proxy votes successful accepted markets, is extending its infrastructure to blockchain systems with this move. The steadfast said the extremity is to enactment some integer and accepted assets wrong the aforesaid workflows.

Giving investors the aforesaid level of auditability, transparency and compliance volition "really spell a agelong mode successful making the tokenized satellite much scalable, giving that level of spot to extremity investors," said Danielle Gurrieri, elder vice president and caput of merchandise absorption astatine Broadridge.