Broadridge & Galaxy: The End of “Paper” Shareholders

In Brief

• Broadridge extends its governance platform to support on-chain voting for tokenized equities.
• Galaxy Digital will be the first company to use the system in May 2026.
• Voting records are secured via a dedicated Avalanche Layer 1 blockchain.

Financial Infrastructure Meets Blockchain

Broadridge Financial Solutions (NYSE: BR) has officially enabled on-chain proxy voting. Processing $8 trillion in tokenized assets monthly, the company is moving shareholder governance to the blockchain to unify registered, beneficial, and tokenized holder data.

Galaxy Digital’s May 2026 Milestone

Galaxy Digital (NASDAQ: GLXY) will lead the adoption, using the platform for its annual shareholder meeting in May 2026. CEO Mike Novogratz noted that bringing proxy voting on-chain is no longer “theoretical.” This follows Galaxy’s 2025 move to tokenize native equity on Solana via Superstate’s Opening Bell platform.

Technical Foundation: Avalanche L1

The platform records votes on a dedicated Layer 1 blockchain built on Avalanche. To ensure security and transparency, Broadridge distributes these vote records across multiple additional blockchains, creating a robust multi-chain audit trail for public companies and their investors.

Broadridge & Galaxy: The End of “Paper” Shareholders was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.