Start now →

Ondo Finance adds proxy voting for holders of its $700 million tokenized equities

By Krisztian Sandor · Published April 28, 2026 · 4 min read · Source: CoinDesk
Blockchain
TechShare this articleX (Twitter)LinkedInFacebookEmail

Ondo Finance adds proxy voting for holders of its $700 million tokenized equities

The move aims to bring Ondo's tokenized stocks and ETFs closer to traditional ones held in a brokerage account.

By Krisztian Sandor|Edited by Omkar Godbole Apr 28, 2026, 7:29 a.m. Make preferred on
Vote, voting (Unsplash/Dmitrii Vaccinium)
(Unsplash/Dmitrii Vaccinium)

What to know:

Ondo Finance is bringing tokenized equities closer to their traditional counterparts, offering investors a way to participate in corporate governance.

The feature, built with Broadridge Financial Solutions (BR), allows holders of more than 250 tokenized securities on Ondo's platform to review company filings and submit voting preferences through Broadridge’s ProxyVote system.

Investors can log in with crypto wallets, then access documents and governance tools typically reserved for brokerage accounts.

The move comes as tokenized equities have emerged as one of the fastest-growing sectors in crypto, bringing stocks and ETFs on blockchain rails. The category now holds over $1.1 billion in value locked, tripling in size over the past year, RWA.xyz data shows. Ondo is the largest issuer in the sector, reporting more than $700 million in stock and ETF tokens on its Global Markets platform, offered to non-U.S. investors.

Adding proxy voting to equity tokens matters because these offerings have often lacked basic governance rights. While Ondo’s tokens remain separate from the underlying shares and do not grant direct shareholder rights, the new system lets investors express preferences that Ondo can apply when voting the shares it holds.

"It really hits at the heart of Ondo's vision to make traditional financial assets more accessible," Matthieu de Vergnes, Ondo's global head of institutional, said in an interview with CoinDesk. "You get all the benefits of being onchain – freely transferable, compatible with DeFi – and on top of that, you get the governance that you have from the the underlying."

Broadridge, which processes large volumes of proxy votes in traditional markets, is extending its infrastructure to blockchain systems with this move. The firm said the goal is to support both digital and conventional assets within the same workflows.

Giving investors the same level of auditability, transparency and compliance will "really go a long way in making the tokenized world more scalable, giving that level of trust to end investors," said Danielle Gurrieri, senior vice president and head of product management at Broadridge.

TokenizationReal World Assets Exclusive

More For You

Industry leaders are pouring hundreds of millions into a rescue plan for Aave users after massive crypto hack

By Margaux Nijkerk|Edited by Aoyon Ashraf10 hours ago
DeFi community comes together to support AAVE users. (CoinDesk)

The response to the DeFi recovery fund has quickly extended beyond Aave, and in some cases began with direct outreach.

What to know:

Read full storyLatest Crypto News Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)

Three Bank of Japan members call for a rate hike; yen rises while bitcoin falls

1 hour ago
(CoinDesk Data)

What next as XRP drops 3% under $1.40 on strong selling

2 hours ago
A bulk carrier shrouded in mist awaits entry to the Strait of Hormuz

Bitcoin loses $77,000, ether, solana slide as Hormuz standoff lifts oil to 3-week high

2 hours ago
Bitcoin Logo

Bitcoin pressured by Fed uncertainty, oil, and AI slowdown

3 hours ago
DeFi community comes together to support AAVE users. (CoinDesk)

Industry leaders are pouring hundreds of millions into a rescue plan for Aave users after massive crypto hack

10 hours ago
BTCUSD Long Bitfinex (TradingView)

Bitcoin rally shows signs of fatigue as key indicators turn bearish

11 hours ago
Top StoriesRailway line. (geraldfriedrich2/Pixabay)

A long-time developer wants to split Bitcoin blockchain and reassign Satoshi coins. The community is calling it a theft

Apr 27, 2026
MicroStrategy executive chairman and co-founder Michael Saylor. (Danny Nelson/CoinDesk)

Michael Saylor’s Strategy buys 3,273 bitcoin as it inches closer to its 1 million target

18 hours ago
CoinDesk

Bitcoin is climbing on thin volume, leaving rally vulnerable to macro shock

15 hours ago
(Photo by Kanchanara on Unsplash/Modified by CoinDesk)

Bitcoin funds take in $933 million as crypto ETFs hit highest AUM since February

19 hours ago
Image of several Pudgy Penguin NFTs (Pudgy Penguins)

Pudgy Penguins, BAYC rally masks a shrinking NFT market as volumes and users fall

Apr 27, 2026
This article was originally published on CoinDesk and is republished here under RSS syndication for informational purposes. All rights and intellectual property remain with the original author. If you are the author and wish to have this article removed, please contact us at [email protected].

NexaPay — Accept Card Payments, Receive Crypto

No KYC · Instant Settlement · Visa, Mastercard, Apple Pay, Google Pay

Get Started →