April 27, 2026
First U.S. Public Company to Bring Proxy Voting On-chain
Earlier this month, Broadridge announced that it is extending its governance platform to support digital assets – which means that public companies and investors can manage proxy voting, corporate actions and disclosures across both traditional and tokenized securities with existing platforms and workflows. And this is not theoretical. Galaxy Digital (the first U.S. public company to issue native tokenized equity on a major public blockchain) will use ProxyVote for its annual meeting scheduled for May 28. Its CEO says, “With Broadridge, we’re combining the credibility of traditional market infrastructure with the advantages of blockchain to deliver a more efficient model for shareholders.” Here’s more from the announcement:
The platform introduces corporate actions for tokenized assets, starting with proxy voting, which will be recorded on Broadridge’s Avalanche based L1 and then distributed across multiple blockchains. Integrating Broadridge’s ProxyVote platform into digital wallets, investors can receive materials, confirm their holdings and submit votes, all with a transparent and verifiable record.
To simplify the annual meeting process for public companies issuing tokenized shares alongside traditional shares, Broadridge’s solution consolidates voting across registered, beneficial, and tokenized holdings into a single view for issuers. This “single pane of glass” approach removes fragmentation and enables consistent oversight of governance activity regardless of how assets are held. The platform is designed to support all forms of tokenization, including both issued-sponsored tokenized securities and third party-sponsored tokenized securities, ensuring compatibility with evolving market models.
Today’s announcement underscores Broadridge’s commitment to accelerating the adoption of digital assets across the financial services landscape. Building on its industry-leading role in tokenizing US$8 Trillion in assets per month, Broadridge also enables on-chain proxy voting and governance, digital asset post-trade infrastructure, and the scaling of digital asset capabilities across multiple asset classes. Through these innovations, Broadridge is helping traditional financial institutions unlock the next era of digital asset investing.
Galaxy’s tokenized Class A common stock is a small percentage of its outstanding shares (13,404 of 191.8 million Class A shares outstanding), but these shares get special treatment in the proxy. The company added some disclosure to explain their unique circumstances:
Tokenized Stockholders. Holders of Tokenized GLXY will receive voting instructions via email. Such stockholders may vote through the Tokenized ProxyVote website referenced in the email by connecting the wallet(s) that hold their Tokenized GLXY to the website, making their voting elections, and cryptographically signing their votes via their wallet. If a tokenized stockholder is unable to connect their wallet(s), they may instead vote via www.ProxyVote.com using their control number included in the email.
If you are a holder of Tokenized GLXY, in addition to the four options above, you can also vote by the following method: through the Tokenized ProxyVote website at www.token-vote.com, 24 hours a day, seven days a week, until 9:00 a.m. Eastern Time on May 27, 2026, by connecting the wallet(s) that hold your Tokenized GLXY to the website and cryptographically signing your votes via your wallet(s).
– Meredith Ervine
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