Broadridge Live with On-Chain Governance for Tokenized Equities, Extending Market Infrastructure into Digital Assets
Galaxy pioneers full ownership rights across traditional and tokenized holdings
Galaxy (NASDAQ: GLXY), the first
"We've long believed that tokenization will reshape capital markets, and this is a meaningful step towards a tokenized equity market," said
"Ensuring accurate, scalable, and cost-effective governance has never been more critical to supporting the growth of tokenized equities," said
The platform introduces corporate actions for tokenized assets, starting with proxy voting, which will be recorded on Broadridge's Avalanche based L1 and then distributed across multiple blockchains. Integrating Broadridge's ProxyVote platform into digital wallets, investors can receive materials, confirm their holdings and submit votes, all with a transparent and verifiable record.
To simplify the annual meeting process for public companies issuing tokenized shares alongside traditional shares, Broadridge's solution consolidates voting across registered, beneficial, and tokenized holdings into a single view for issuers. This "single pane of glass" approach removes fragmentation and enables consistent oversight of governance activity regardless of how assets are held. The platform is designed to support all forms of tokenization, including both issued-sponsored tokenized securities and third party-sponsored tokenized securities, ensuring compatibility with evolving market models.
Today's announcement underscores Broadridge's commitment to accelerating the adoption of digital assets across the financial services landscape. Building on its industry-leading role in tokenizing
About Broadridge
Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.
Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over
For more information about us, please visit www.broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.
