Broadridge names Mark Nichols co-president of digital assets

Broadridge Financial Solutions (NYSE: BR) has appointed Mark Nichols as Co-President of Digital Assets, according to a company statement. Nichols will share the role with German Soto Sanchez and will oversee strategy, product development, and execution in the tokenization and digital asset space.

Nichols joins Broadridge from Ernst & Young US LLP, where he was a partner and co-led EY's digital asset consulting business while heading its market infrastructure consulting practice. Earlier in his career, he held product leadership roles across FCM, collateral, and funding within Deutsche Bank's fixed income business.

"Mark's combination of strategic vision, market infrastructure expertise, and deep knowledge of tokenization will help us accelerate those efforts and support the adoption of tokenized securities," said Tim Gokey, CEO of Broadridge.

Broadridge's existing digital asset offerings include on-chain proxy voting and governance, post-trade infrastructure, wallets, and custody services. The company's Distributed Ledger Repo platform settles approximately $365 billion in tokenized real assets per day, which Broadridge describes as the largest institutional platform of its kind.

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