NYSE Taps Broadridge to Offer Onchain Shareholder Voting for Its Tokenized Securities
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The New York Stock Exchange has selected Broadridge to power onchain shareholder voting, a move that would let token holders cast proxy votes through wallets, broker interfaces, or Broadridge's ProxyVote platform. The initiative targets proxy voting—one of the most entrenched paper-and-PDF processes in U.S. markets—for blockchain modernization, though the exchange's planned tokenized trading venue itself still awaits regulatory approval. Broadridge, which processes proxy materials for a large share of U.S. public companies, brings existing infrastructure that could accelerate adoption among issuers and retail holders. The announcement signals deepening collaboration between legacy market infrastructure and distributed ledger technology rather than a disruption of it. What to watch: SEC and other regulatory sign-offs on the trading venue, pilot timelines for onchain proxy voting, and whether rival venues like Cboe or Nasdaq follow with similar blockchain-based governance offerings.
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