Ondo Finance is bringing shareholder governance onchain, partnering with financial infrastructure provider Broadridge to add proxy voting and corporate communications to its tokenized stock and ETF offerings, tackling one of the most persistent gaps in blockchain-based securities.
What the partnership delivers
The companies announced Thursday that holders of more than 250 tokenized securities issued through Ondo will gain access to proxy voting and shareholder documents, including regulatory filings. The integration relies on a Web3-enabled version of Broadridge’s investor communications platform, letting users authenticate via blockchain wallets to access governance services previously limited to traditional market participants.
The governance layer accompanies Ondo’s launch of its first US custodial tokenized securities, which include tokenized versions of BlackRock’s iShares Core S&P 500 ETF (IVV) and Micron Technology (MU). According to Ondo, these assets are the first issued under the US Securities and Exchange Commission’s third-party custodial framework for tokenized securities.
A fast-growing but contested market
The tokenized equities sector crossed $1 billion in total value for the first time in March, according to Foresight Ventures. By Wednesday, Ondo’s own data placed the market at $1.67 billion, with nearly 181,000 unique holders, a nearly 14-fold increase since May 2025.
Ondo is competing for share in that market alongside Backed Finance, which distributes tokenized stocks through its xStocks platform across multiple crypto exchanges and blockchain networks. The broader tokenized real-world asset category, which includes stocks, has surged nearly 600% over the past year according to Binance data.
Why governance rights matter
While tokenized equities have attracted attention for enabling faster settlement and around-the-clock trading, investors have consistently questioned whether they would retain the governance rights that come with direct stock ownership. The Broadridge integration directly addresses that concern by piping corporate communications and voting rights through a Web3 interface without removing holders from the traditional shareholder process.
A recent 21Shares report attributed the sector’s growth to rising institutional adoption and improving infrastructure. Tokenization has become one of crypto’s fastest-growing verticals in 2026 despite broader market softness.
