Ondo Finance adds proxy voting functionality for tokenized stock holders.

CoinFeed reported on April 28th that, according to CoinDesk, Ondo Finance has partnered with Broadridge to add proxy voting functionality for holders of over 250 tokenized securities on its platform. Investors can log into Broadridge's ProxyVote system using their crypto wallets to view company documents and submit voting preferences. While Ondo's tokens are decoupled from the underlying stock and do not grant investors direct shareholder rights, the new system allows investors to express their preferences, which Ondo can then incorporate when voting on their stock holdings.