Ondo Finance Adds Proxy Voting for 250+ Tokenized Stocks and ETFs With Broadridge ProxyVote

Ondo Finance has added proxy voting for holders of its tokenized equities, using Broadridge Financial Solutions’ ProxyVote system to let investors participate in corporate governance through crypto wallets.

“Ondo Finance adds proxy voting for holders of its $700 million tokenized equities The move aims to bring Ondo's tokenized stocks and ETFs closer to traditional ones held in a brokerage account”

@coindesk

In the CoinDesk report, the company said the move is designed to bring Ondo’s tokenized stocks and ETFs closer to traditional ones held in a brokerage account, with the feature built with Broadridge Financial Solutions (BR).

@coindesk

CoinDesk described that holders of “more than 250 tokenized securities on Ondo's platform” can “review company filings and submit voting preferences through Broadridge’s ProxyVote system,” and that investors can “log in with crypto wallets” to access governance tools typically reserved for brokerage accounts.

The same CoinDesk account said Ondo is the largest issuer in the sector, reporting “more than $700 million in stock and ETF tokens” on its Global Markets platform offered to non-U.S. investors.

CoinDesk also tied the announcement to the broader growth of tokenized equities, saying the category “now holds over $1.1 billion in value locked, tripling in size over the past year, RWA.xyz data shows.”

In PR Newswire’s version, the partnership is framed as enabling “for the first time, enables holders of third party tokenized stocks and ETFs to participate in proxy voting,” and it specifies that holders of “more than 250 Ondo tokenized stocks and ETFs” can review “prospectuses, regulatory filings, and other governance information.”

PR Newswire further states that Broadridge has integrated “web 3 authentication capabilities into its ProxyVote platform to allow investors to sign in through their wallets and take action.”

Multiple reports describe the mechanics of Ondo’s proxy-voting feature as a bridge between blockchain-based participation and existing market voting infrastructure.

CoinDesk said the feature “allows holders of more than 250 tokenized securities on Ondo's platform to review company filings and submit voting preferences through Broadridge’s ProxyVote system,” and that investors can access governance tools “typically reserved for brokerage accounts.”

bloomingbit

The Crypto Times similarly described that “The setup links Ondo’s tokenized securities with Broadridge’s ProxyVote platform,” and that investors “check company documents, submit their voting choices, and confirm them through their wallets.”

Ledger Insights added a legal and structural “catch,” stating that if you own an Ondo tokenized stock or ETF you have “neither ownership nor voting rights in the underlying stocks,” and that what token holders own is “a loan note issued by Ondo Global Markets (Ondo GM), an unregulated BVI entity.”

Ledger Insights quoted the voting capability’s scope from the fine print, saying the voting capabilities are “rights to express preferences to the issuer of Ondo GM Tokens regarding voting of the shares that the issuer beneficially owns.”

In that same Ledger Insights account, it warned that token holders “have no legal obligation to follow the preference, unlike a proxy voting structure,” and that Ondo GM “could choose to add this obligation in the prospectus, but that’s not currently the case.”

Asset Servicing Times described the integration as enabling holders to “participate in proxy voting” while keeping “traditional custody in place,” and it said voting actions are recorded “onchain” while “the actual execution still runs through existing market infrastructure.”

PR Newswire’s framing also emphasizes that Broadridge’s role is to connect governance and disclosure workflows, saying the capability enables investors to “receive materials, confirm their holdings and submit votes, all with a transparent and verifiable record.”

Ondo and Broadridge executives used the announcement to argue that onchain voting improves governance participation and trust while retaining the standards of traditional capital markets.

“Summary - Ondo Finance partnered with Broadridge to add proxy voting and disclosure access for more than 250 tokenized stocks and ETFs”

bloomingbit

CoinDesk quoted Ondo’s global head of institutional, Matthieu de Vergnes, saying, “It really hits at the heart of Ondo's vision to make traditional financial assets more accessible,” and adding, “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.”

CoinDesk also quoted Danielle Gurrieri, senior vice president and head of product management at Broadridge, saying 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,".”

PR Newswire echoed the same Ondo quote from de Vergnes, and it also included a statement from Doug DeSchutter, president, investor communication solutions at Broadridge, that “Broadridge is proud to expand its voting infrastructure to connect our new Web3-enabled platform with the governance, disclosure, and investor participation standards that underpin modern capital markets.”

In Asset Servicing Times, De Vergnes is again quoted as saying, “By working with Broadridge, we are enabling holders of our on-chain tokenised stocks to access governance and voting capabilities, with all the additional benefits on-chain tokens provide,” and it adds, “Ensuring that our clients can participate in corporate governance is another step forward in our goal of bringing institutional-quality financial products on-chain.”

Asset Servicing Times also quoted Doug DeSchutter saying, “By introducing proxy voting capabilities to blockchain-based securities, Ondo and Broadridge are helping define the next generation of market infrastructure — one that bridges the investor protections of traditional finance with the programmability and global accessibility of public blockchains.”

FX News Group’s account of the partnership likewise quotes de Vergnes and DeSchutter, and it frames the integration as a milestone in “the evolution of tokenized equities and ETFs.”

Even the Crypto Times described the intent in terms of connecting token-based investing with “standard corporate governance processes,” while Ledger Insights focused on the legal distinction between preferences and underlying ownership rights.

While the core announcement is consistent across outlets, the emphasis varies between mainstream crypto coverage, industry-focused explainers, and legal-structure critiques.

CoinDesk frames the change as a governance upgrade that “aims to bring Ondo's tokenized stocks and ETFs closer to traditional ones held in a brokerage account,” and it highlights the scale of the sector with “over $1.1 billion in value locked” and Ondo’s “more than $700 million” in tokenized stock and ETF tokens.

CoinDesk

The Crypto Times presents the feature as “onchain voting system for tokenized stocks and ETFs,” describing that “Voting actions get recorded onchain, while the actual execution still runs through existing market infrastructure,” and it adds that tokens “can move across networks like Ethereum, Solana, and BNB Chain.”

Asset Servicing Times similarly emphasizes the operational bridge, saying Broadridge’s new capability enables investors to access “proxy voting and manage corporate actions and disclosures across both traditional and tokenized securities within their existing platforms and workflows.”

Ledger Insights, however, focuses on what it calls a “catch,” arguing that despite the headline, the tokens do not convey underlying shareholder voting rights, and it quotes that the voting capabilities are “rights to express preferences to the issuer of Ondo GM Tokens regarding voting of the shares that the issuer beneficially owns.”

Ledger Insights also states that “the tokens are explicitly not available in the US,” and it describes Ondo GM as “an unregulated BVI entity,” which it uses to explain why the preference mechanism differs from a proxy.

PR Newswire adds another framing layer by specifying the location and date—“NEW YORK, April 28, 2026”—and it repeats that the partnership enables “for the first time” proxy participation for holders of “third party tokenized stocks and ETFs.”

Stock Titan’s account adds market-structure context by describing Broadridge’s scale, including that it supports “tokenizing about US$8 trillion in assets per month,” and it notes “Proxy voting enabled for holders of more than 250 Ondo tokenized stocks and ETFs.”

The announcement positions onchain proxy voting as a governance and investor-protection upgrade, but the legal framing in Ledger Insights highlights a potential mismatch between how “voting” is described and what token holders actually control.

“Ondo Finance adds proxy voting for holders of its $700 million tokenized equities The move aims to bring Ondo's tokenized stocks and ETFs closer to traditional ones held in a brokerage account”

CoinDesk

CoinDesk argues the change matters because equity tokens have “often lacked basic governance rights,” while also stating that “Ondo’s tokens remain separate from the underlying shares and do not grant direct shareholder rights,” and that the new system lets investors “express preferences that Ondo can apply when voting the shares it holds.”

FX News Group

PR Newswire similarly states that “The tokens are distinct from the underlying shares that back them, and do not confer shareholder rights to tokenholders,” and it clarifies that “The voting capabilities of tokenholders referenced herein are rights to express preferences to the issuer of Ondo GM Tokens regarding voting of the shares that the issuer beneficially owns.”

Ledger Insights goes further by warning that token holders “have no legal obligation to follow the preference, unlike a proxy voting structure,” and it says Ondo GM “could choose to add this obligation in the prospectus, but that’s not currently the case.”

That distinction matters for how investors interpret governance participation, especially because multiple outlets emphasize that the feature is designed to “improve trust and transparency,” with CoinDesk saying “Voting preferences guide how Ondo votes underlying shares, aiming to improve trust and transparency.”

Broadridge and Ondo also frame the next step as scaling governance infrastructure, with Danielle Gurrieri saying the approach will “really go a long way in making the tokenized world more scalable, giving that level of trust to end investors,” and with Doug DeSchutter saying the goal is to bridge “the investor protections of traditional finance with the programmability and global accessibility of public blockchains.”

At the same time, the market context in CoinDesk and PR Newswire underscores the scale of adoption, citing “over $1.1 billion in value locked” and “more than $700 million” in Ondo tokens, while PR Newswire adds that Ondo is “now the largest platform for tokenized stocks, representing roughly 70% of the total market share.”

The Crypto Times and CoinDesk also describe the ability for tokens to trade around the clock while governance participation is added, with the Crypto Times stating the setup allows “trading around the clock while keeping voting rights tied to the underlying securities.”