"Galaxy Digital will utilize Broadridge's onchain governance platform for its May 2026 annual shareholder vote, marking a significant milestone as the first U.S. public company to do so."
"Broadridge has extended its Proxyvote platform to support tokenized equities, allowing proxy voting and corporate actions to occur across both traditional and tokenized securities."
"Mike Novogratz stated that this partnership moves onchain proxy voting from theoretical to operational, combining traditional market infrastructure with blockchain advantages for shareholders."
"The proxy voting process will be recorded on Broadridge's Avalanche-based layer one blockchain, providing a transparent and verifiable record for each action taken by investors."
Broadridge Financial Solutions has launched an onchain governance platform for proxy voting, enabling Galaxy Digital to use it for its upcoming annual shareholder vote. This marks the first instance of a U.S. public company implementing onchain proxy voting. Broadridge's platform supports both traditional and tokenized equities, enhancing the proxy voting process. Investors can manage their votes and confirm holdings through digital wallets, ensuring transparency and verifiability. This partnership signifies a shift from theoretical blockchain governance to practical application in public companies.
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