Ondo adds voting access to tokenized stocks through Broadridge deal

Ondo Finance has partnered with Broadridge Financial Solutions to bring voting tools to holders of tokenized stocks and ETFs.

The integration will allow holders of more than 250 Ondo tokenized assets to submit voting preferences for the underlying securities.

Broadridge will provide access to investor communications, prospectuses, regulatory filings, and other governance materials.

The company settles more than $15 trillion in securities daily and serves over 10,000 public companies.

Voting preferences will reflect token ownership

Ondo said voting recommendations will be weighted based on each holder’s token ownership.

With Ondo Global Markets’ consent, Broadridge may aggregate tokenholder voting preferences with votes from traditional market investors.

Meanwhile, the partnership comes as Ondo asks the U.S. SEC to support its model for recording securities interests as Ethereum tokens.

Ondo says the tokens act as an operational overlay on existing broker-dealer custody, not as a change to investor protections.

“This is about expanding what it means to hold a tokenized stock,” said Matthieu de Vergnes, global head of institutional at Ondo Finance.

“Today’s announcement represents a major milestone in the evolution of tokenized equities and ETFs,” said Doug DeSchutter, president of investor communication solutions at Broadridge.