According to CoinDesk, Ondo Finance announced a partnership with Broadridge to introduce proxy voting and corporate disclosure document query functions for over 250 tokenized stocks and ETFs on its platform. Users can log in to Broadridge's ProxyVote system through their crypto wallets, view listed company documents, and submit voting preferences. Ondo stated that its tokens remain separate from the underlying stocks, and token holders do not directly enjoy shareholder rights, but the platform will reference users' voting preferences to vote on their behalf for the underlying stocks they hold, to enhance transparency and trust. Ondo currently issues tokenized stocks and ETFs exceeding $700 million on the Global Markets platform, targeting non-U.S. investors.
According to CoinDesk, Ondo Finance announced a partnership with Broadridge to introduce proxy voting and corporate disclosure document query functions for over 250 tokenized stocks and ETFs on its platform. Users can log in to Broadridge's ProxyVote system through their crypto wallets, view listed company documents, and submit voting preferences. Ondo stated that its tokens remain separate from the underlying stocks, and token holders do not directly enjoy shareholder rights, but the platform will reference users' voting preferences to vote on their behalf for the underlying stocks they hold, to enhance transparency and trust. Ondo currently issues tokenized stocks and ETFs exceeding $700 million on the Global Markets platform, targeting non-U.S. investors.