The company said its platform now supports tokenized equities, funds and money market instruments across trading, settlement and post-trade operations. Broadridge Financial Solutions said it expanded its infrastructure to support tokenized securities alongside traditional assets, as Wall Street firms pour into building systems for blockchain-based trading and settlement. The financial technology company focused on institutional securities markets said on Tuesday that its platform now supports tokenized equities, funds, alternative assets and money market instruments across trading, order routing and post-trade operations. The New York Stock Exchange-listed company added that the system connects to public and permissioned blockchain networks including Ethereum-compatible chains and Canton. On Monday, the company said it had begun operating an Agentic AI platform for capital markets and wealth management workflows. Read more
Tokenized stock holders can now participate in corporate governance, closing a long-standing gap between onchain securities and their traditional counterparts. Ondo Finance has teamed up with financial technology giant Broadridge to give holders of tokenized stocks and exchange-traded funds (ETFs) the ability to participate in proxy voting. Broadridge has built a Web3-enabled relay system where tokenholders connect their crypto wallet to Broadridge's ProxyVote platform, submit their voting preference, and Ondo's issuer then votes the real shares accordingly, with the entire process recorded onchain for transparency, according to a Tuesday announcement. “By working with Broadridge, we are enabling holders of our on-chain tokenized stocks to access governance and voting capabilities, with all the additional benefits on-chain tokens provide,” Matthieu de Vergnes, global head of institutional at Ondo Finance, said. Read more
The technology services provider said wealth managers have faced challenges integrating digital assets without relying on separate systems. Broadridge Financial Solutions has launched a digital asset platform for Canadian wealth managers, allowing companies to offer cryptocurrencies and tokenized assets alongside traditional investments. According to Monday’s announcement, the platform integrates trading, custody and asset servicing, enabling firms to manage digital and traditional assets within existing workflows rather than through separate systems. It also supports both advisor-led and self-directed models, with connectivity to custodians and exchanges. The platform offers access to cryptocurrencies and tokenized assets including equities, funds and alternative investments, with integrated wallets, institutional custody options and connectivity to exchanges and asset managers. Read more