Tokenised Stock Holders Can Now Vote: Ondo and Broadridge Bring Shareholder Rights Onchain

One of the most persistent criticisms of tokenised equity has always been the governance gap: you hold the token, but someone else holds the shareholder rights. On 28 April 2026, that changed.

Ondo Finance and Broadridge Financial Solutions announced a partnership that enables holders of over 250 tokenised stocks and ETFs on Ondo's Global Markets platform to participate in proxy voting — and access regulatory filings — for the first time. It is the first time governance rights have been extended to tokenised equity holders at this scale.

What Ondo Has Built

Ondo Finance is the largest issuer of tokenised equities in the world, representing approximately 70% of total market share in tokenised stocks. Its Global Markets platform offers non-US investors access to tokenised versions of US-listed stocks and ETFs — names like Apple, Tesla, and the S&P 500 — with more than $700 million in total value locked across 250+ instruments.

Until now, the governance rights attached to those positions were managed by institutional custodians sitting beneath the platform. Token holders held economic exposure, but voting rights remained in the hands of intermediaries.

How the Broadridge Integration Works

Broadridge is already the backbone of shareholder voting for hundreds of millions of traditional brokerage accounts globally. Its ProxyVote system processes the vast majority of corporate proxy votes in the United States and many other markets.

The new arrangement extends Broadridge's existing infrastructure into a Web3-enabled layer. Token holders can log in using their crypto wallets, review company prospectuses and regulatory filings, and cast votes directly — without needing to hold shares through a traditional broker or convert their tokenised position back into a conventional security.

When a company calls a shareholder meeting, Ondo token holders receive voting materials on-chain, review them via Broadridge's investor communications portal, and submit their votes. The entire process happens without going through multiple intermediaries.

Why This Matters for Tokenised Equity

Governance rights are not a peripheral feature of equity ownership — they are central to it. For institutional investors, the ability to vote on executive compensation, board appointments, and material transactions is often a fiduciary obligation, not an option. For individual investors, voting rights signal genuine ownership rather than a synthetic exposure.

The Ondo-Broadridge announcement closes a gap that has prevented many institutional investors from treating tokenised stocks as genuine equity equivalents. If a tokenised stock can do everything a brokerage-held stock can do — including governance — the case for holding securities on-chain becomes substantially stronger.

For UK founders building tokenised equity platforms around the FCA's incoming cryptoasset regime, the implication is direct: the market is moving toward expecting full-stack shareholder rights as a baseline for tokenised equity products, not an optional extra.

What Comes Next

Broadridge is already in conversations with other tokenised asset platforms about extending the same governance infrastructure beyond Ondo. The technical architecture is blockchain-agnostic, meaning it can be deployed across Ethereum, Solana, or any other settlement layer.

The question now is whether this model extends to tokenised private company equity — where governance rights matter even more than in public markets. Proxy voting for listed stocks is well-defined. Voting rights in a tokenised startup round involve far more complexity: pre-emption, information rights, drag-along provisions, and board observer seats. But the direction of travel is clear.

Key Takeaways

• Ondo Finance and Broadridge have launched proxy voting for 250+ tokenised stocks and ETFs

• Token holders can now vote and access regulatory filings directly from crypto wallets

• Ondo holds approximately 70% of the tokenised equities market with $700M+ in TVL

• Broadridge's ProxyVote system is now Web3-enabled for the first time

• The partnership represents the most significant expansion of governance rights to tokenised equity holders to date

• The model is blockchain-agnostic and could extend to other platforms and asset classes

Sources:

• CoinDesk: https://www.coindesk.com/tech/2026/04/28/ondo-finance-adds-proxy-voting-for-holders-of-its-usd700-million-tokenized-equities

• BanklessTimes: https://www.banklesstimes.com/articles/2026/04/28/ondo-finance-brings-proxy-voting-to-tokenized-stocks-via-broadridge/

Disclaimer:

This article is provided for general information only and does not constitute legal, financial, or investment advice. The regulatory treatment of tokenised assets and digital securities varies by jurisdiction and continues to evolve. Readers should seek independent professional advice before making any financial, legal, or regulatory decisions.