Ondo Gives Tokenized Stockholders a Voice — Without Ever Picking Up a Proxy 🗳️

Ondo Finance will attach shareholder voting rights and corporate communications access to more than 250 of its tokenized stocks and exchange-traded funds through a partnership with financial infrastructure provider Broadridge, addressing a longstanding gap between blockchain-based securities and traditional equity ownership. The companies announced Thursday that holders will be able to participate in proxy voting and access regulatory filings and other shareholder documents via a Web3-enabled version of Broadridge's investor communications platform, which authenticates users through blockchain wallets.

The governance features will debut alongside Ondo's first US custodial tokenized securities, including tokenized versions of BlackRock's iShares Core S&P 500 ETF (IVV) and Micron Technology (MU). Ondo said the assets are the first issued under the US Securities and Exchange Commission's third-party custodial framework for tokenized securities.

Tokenized equities have expanded rapidly this year, with the market's total value surpassing $1 billion in March, according to Foresight Ventures. Data published by Ondo on Wednesday put the market at $1.67 billion with nearly 181,000 unique holders, representing nearly a 14-fold increase since May 2025. A recent 21shares report attributed the growth to rising institutional adoption and improving infrastructure, while separate data from Binance showed the value of tokenized real-world assets, including stocks, has surged nearly 600% over the past year.

Ondo is competing with Backed Finance, which issues tokenized stocks through its xStocks platform and has expanded distribution across multiple crypto exchanges and blockchain networks. The market for tokenized stocks has emerged as one of crypto's fastest-growing sectors in 2026 amid broader market weakness, drawing entrants including Blockchain.com, which has deepened its onchain stock offerings as the segment matures.