Ondo Finance (ONDO) has announced a landmark partnership with Nasdaq-listed fintech firm Broadridge Financial Solutions (BR) to grant voting rights and access to corporate disclosures for holders of its tokenized stocks and exchange-traded funds (ETFs). This development marks a significant step in bridging the gap between traditional finance and decentralized finance (DeFi).
The new feature allows users to view corporate disclosures directly through their crypto wallets and cast votes via Broadridge's ProxyVote platform. Token holders connect their wallets, review company filings, and submit voting preferences, which Ondo Finance aggregates and exercises using the actual shares it holds in custody. This creates a direct link between token ownership and corporate governance, addressing a key gap where tokenized stocks previously lacked governance participation rights.
Ondo Finance's integration with Broadridge brings institutional-grade infrastructure to the process. Broadridge processes millions of proxy votes annually for over 1,000 financial institutions globally. Its ProxyVote platform is widely used in traditional markets, and this partnership extends its reach into the crypto space. Danielle Gurrieri, senior vice president and head of product management at Broadridge, stated that the firm aims to support digital and conventional assets within the same workflows, emphasizing that auditability, transparency, and compliance will help scale tokenized markets.
Ondo Finance reports over $700 million in tokenized stocks and ETFs offered to non-U.S. investors on its Global Markets platform, which supports more than 250 tokenized securities. The company remains the largest issuer in this segment. Matthieu de Vergnes, global head of institutional at Ondo Finance, highlighted that this feature "really hits at the heart of Ondo's vision to make traditional financial assets more accessible," adding that token holders get "all the benefits of being onchain and the governance from the underlying."
The broader tokenized equities sector has grown rapidly, with data from RWA.xyz showing over $1.1 billion in value locked, tripling over the past year. Ondo Finance's new voting rights feature could differentiate it from competitors like Securitize or Tokeny, potentially attracting institutional investors who require governance rights before investing. However, token holders must complete Know Your Customer (KYC) checks to comply with securities regulations.
