Broadridge Financial Solutions is bringing proxy voting onchain, and Galaxy Digital is the first public company to use it.
Key Takeaways:
Galaxy will use Broadridge’s onchain governance platform for its May 2026 annual shareholder vote, the first for a U.S. public company. Broadridge, which already processes $8 trillion in tokenized assets monthly, extended its Proxyvote platform to cover tokenized equities. Novogratz said the Broadridge partnership moves onchain proxy voting from theoretical to operational for public companies. Onchain Proxy Voting Goes Live for U.S. Public Companies Through Broadridge and GalaxyFor companies issuing tokenized shares alongside traditional shares, Broadridge’s platform consolidates voting across registered, beneficial, and tokenized holdings into a single view. The company calls it a “single pane of glass” approach, designed to remove fragmentation in how governance activity is tracked and reported.
The platform is built to support both issuer-sponsored and third-party-sponsored tokenized securities. That compatibility gives it a wider range of use cases as tokenized equity models continue to develop across different market structures.
The Proxyvote platform, already used widely in traditional markets, serves as the backbone of the new digital asset integration. Investors already using it in standard brokerage accounts will interact with the same system, extended to cover tokenized positions.
Galaxy’s May shareholder meeting will be one of the first public tests of onchain proxy voting by a U.S.-listed company. The outcome will be watched closely by other public companies exploring tokenized equity issuance and the governance requirements that come with it.
