Founder

Pilot

Galaxy

Giant

Avalanche

Broadridge Financial Solutions has&nbsp;<a href="https://x.com/avax/status/2041165394598371401" rel="noopener noreferrer nofollow">selected</a>&nbsp;<a href="https://bsc.news/post/avalanche-deep-dive-technical-ecosystem-analysis" rel="noopener noreferrer nofollow">Avalanche</a> to power its new on-chain proxy voting system, allowing investors in tokenized equities to cast shareholder votes directly on a blockchain for the first time at a U.S. public company level.
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 <blockquote class="twitter-tweet">
 Another Fortune 500 company is building on Avalanche.<a href="https://twitter.com/Broadridge?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Broadridge</a>, a fintech company that processes trillions from thousands of public companies, is bringing proxy voting onchain, powering shareholder governance globally. <a href="https://t.co/dOTi7KYRTl" rel="noopener noreferrer nofollow">pic.twitter.com/dOTi7KYRTl</a>— Avalanche🔺 (@avax) <a href="https://twitter.com/avax/status/2041165394598371401?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 6, 2026</a>
 </blockquote>
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The&nbsp;<a href="https://www.broadridge.com/press-release/2026/broadridge-live-with-on-chain-governance" rel="noopener noreferrer nofollow">announcement</a>, made on April 6, marks a&nbsp;<a href="https://www.thestreet.com/crypto/innovation/broadridge-launches-on-chain-proxy-voting-on-avalanche-galaxy-first-to-use-it" rel="noopener noreferrer nofollow">direct expansion</a> of Broadridge's existing governance platform into digital assets. The company already processes $8 trillion in tokenized assets per month, and this move adds on-chain corporate actions, starting with proxy voting, to that infrastructure.
Galaxy (NASDAQ: GLXY) will be the first company to use the system, with its upcoming annual meeting and shareholder vote scheduled for May.
<h2 id="span-span-strong-what-did-broadridge-actually-build-strong-span-span">What Did Broadridge Actually Build?</h2>
Broadridge extended its existing governance platform to handle both traditional and tokenized securities in one place. Public companies, funds, broker-dealers, wealth managers, and retail and institutional investors can now manage proxy voting, corporate actions, and disclosures across both asset types within their existing workflows.
The core of the new system is built on a dedicated Avalanche&nbsp;<a href="https://bsc.news/post/layer-1-blockchains-ultimate-guide" rel="noopener noreferrer nofollow">Layer 1 (L1) blockchai</a>n, powered by Ava Cloud. Votes are recorded on that L1 and then distributed across multiple blockchains.
Broadridge refers to the consolidated view it gives issuers as a "single pane of glass." Rather than tracking votes across registered, beneficial, and tokenized holdings separately, companies get one unified view of all governance activity, regardless of how the underlying assets are held.
The platform supports both issuer-sponsored and third-party-sponsored tokenized securities, which gives it compatibility with a wider range of market structures as tokenized equity models continue to develop.
<h2 id="span-span-strong-why-avalanche-strong-span-span">Why Avalanche?</h2>
Broadridge chose to build on an Avalanche L1 rather than a general-purpose public chain for reasons tied to compliance and control. Here is what that architecture provides in practice:
<ul>
 <li>Controlled access: Only authorized participants can interact with the network, which matters in a regulated shareholder voting context.</li>
 <li>Single system of record: All votes are captured in one place instead of being spread across emails, intermediaries, or disconnected databases.</li>
 <li>Verified transparency: Records are publicly verifiable and stay synchronized across systems, reducing reconciliation errors.</li>
</ul>
Using a dedicated L1 rather than retrofitting an existing public chain also means Broadridge did not need to overhaul its existing infrastructure. The Avalanche-based layer sits alongside the ProxyVote platform already used widely in traditional markets.
Investors holding tokenized shares can receive proxy materials, confirm their holdings, and submit votes through their digital wallets. Each action is attached to a transparent and verifiable on-chain record.
<h2 id="span-span-strong-galaxy-to-pilot-on-chain-voting-in-may-strong-span-span">Galaxy To Pilot On-Chain Voting In May</h2>
Galaxy is already the first U.S. public company to issue native tokenized equity on a major public blockchain. Its upcoming annual meeting in May will serve as one of the first live public tests of on-chain proxy voting by a U.S.-listed company.
Mike Novogratz, Galaxy's Founder and CEO, said the move is no longer theoretical.
"Proxy voting is a core feature of equity ownership and bringing proxy voting on-chain for a public company is not theoretical anymore," Novogratz stated. He added that the partnership combines the reliability of traditional market infrastructure with the efficiency of blockchain.
The outcome of Galaxy's May meeting will be closely watched by other public companies that are exploring tokenized equity issuance and the governance requirements that come with it.
<h2 id="span-span-strong-what-does-this-mean-for-tokenized-equities-strong-span-span">What Does This Mean For Tokenized Equities?</h2>
Tokenized equities, which are shares of a company represented as tokens on a blockchain, have faced a practical barrier: governance. Owning a tokenized share is one thing, but exercising the rights that come with it, particularly the right to vote at shareholder meetings, required infrastructure that did not exist at scale.
Broadridge's platform directly addresses that gap. Tim Gokey, CEO of Broadridge, said that governance infrastructure is essential to scaling the tokenized equity market and pointed to the Galaxy partnership as an early demonstration.
The ProxyVote platform, already embedded in standard brokerage accounts, serves as the backbone of the new digital asset integration. Investors already using it for traditional holdings will interact with the same system, now extended to cover tokenized positions as well.
Broadridge operates across 21 countries, employs more than 15,000 people, and its platforms generate over 7 billion communications annually. Those platforms support more than $15 trillion in daily average trading across tokenized and traditional securities.
<h2 id="span-span-conclusion-span-span">Conclusion</h2>
Broadridge has built a working system that connects traditional shareholder governance with tokenized equity infrastructure. Proxy votes are recorded on a dedicated Avalanche L1, distributed across multiple chains, and consolidated into a single issuer view covering registered, beneficial, and tokenized holdings in one place.
The ProxyVote backbone means investors do not need to learn a new system. The same platform used in standard brokerage accounts now extends to tokenized positions, with digital wallet support and on-chain verification added on top.
Galaxy's May shareholder meeting will be the first live test of whether the system holds up for a U.S.-listed public company. If it does, other companies issuing tokenized shares will have a clear, tested path to handling the governance requirements that come with them.
<h2 id="span-span-resources-span-span">Resources&nbsp;</h2>
<ol>
 <li><a href="https://www.broadridge.com/press-release/2026/broadridge-live-with-on-chain-governance" rel="noopener noreferrer nofollow">Press release by Broadridge</a>: Broadridge Live with On-Chain Governance for Tokenized Equities, Extending Market Infrastructure into Digital Assets</li>
 <li><a href="https://www.thestreet.com/crypto/innovation/broadridge-launches-on-chain-proxy-voting-on-avalanche-galaxy-first-to-use-it" rel="noopener noreferrer nofollow">Report by The Street</a>: Broadridge launches on-chain proxy voting on Avalanche, Galaxy first to use it</li>
 <li><a href="https://x.com/avax" rel="noopener noreferrer nofollow">Avalanche on X</a>: Posts on April 6</li>
</ol>

Avalanche Powers Broadridge as $8T Financial Giant Puts Shareholder Votes on the Blockchain

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