Galaxy Pioneers Full Ownership Rights in Tokenized Stocks
Infrastructure
Broadridge Financial Solutions has expanded its governance platform to provide proxy voting and corporate action management for tokenized securities. This infrastructure allows public companies, broker-dealers, and institutional investors to manage both traditional and tokenized assets within a unified workflow. Galaxy, the first U.S. public company to issue native tokenized equity on a public blockchain, will utilize this platform for its upcoming annual shareholder meeting in May. The system records proxy votes on Broadridge’s Avalanche-based Layer 1 blockchain before distributing them across multiple networks. By consolidating registered, beneficial, and tokenized holdings into a single view, the platform eliminates fragmentation in corporate governance. This development is significant for the RWA market as it bridges the gap between traditional market infrastructure and blockchain-based ownership. Broadridge currently processes $8 trillion in tokenized assets monthly, and this integration marks a critical step toward scaling digital asset adoption in public markets.
Key points
- ▸Broadridge platform now supports proxy voting for tokenized equities on Avalanche-based infrastructure.
- ▸Galaxy will use the platform for its May annual meeting and shareholder vote.
- ▸Broadridge currently processes $8 trillion in tokenized assets per month.
- ▸The system consolidates voting for registered, beneficial, and tokenized holdings into one view.
Background
Broadridge Financial Solutions is a global fintech leader providing investor communications, technology, and data solutions to the financial services industry. The company is a major player in the post-trade processing space, managing significant volumes of corporate governance and proxy voting services for public companies worldwide.
Relevance
8.5/10
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