Broadridge Partners with Galaxy to Bring Onchain Proxy Voting to US Public Companies

Broadridge Financial Solutions, a leading provider of financial solutions, has taken a significant step towards increasing transparency and efficiency in corporate governance by partnering with Galaxy Digital. Through this partnership, Broadridge will provide onchain proxy voting for US public companies, marking the first time a U.S.-listed company will use this technology for its annual shareholder vote.

The proxy voting process will be recorded on Broadridge's Avalanche-based layer one (L1) blockchain and then distributed across multiple chains. This will enable investors holding tokenized shares to receive materials, confirm holdings, and submit votes through digital wallets, with a transparent and verifiable record attached to each action.

Broadridge already processes $8 trillion in tokenized assets per month, and the new governance layer extends this infrastructure by adding onchain proxy voting and corporate action support. This fills a gap that had previously kept institutional adoption of tokenized equities from moving further into practice.