Ondo Finance And Broadridge Launch Compliant U.S. Tokenized Equities

A Regulated First for On-Chain U.S. Equities

@OndoFinance and @Broadridge (NYSE: BR) have taken a significant step in bringing U.S. equity markets on-chain, launching what they describe as the first regulated solution for third-party tokenized U.S. securities. The collaboration places shares of Micron ($MU) and BlackRock's iShares Core S&P 500 ETF on the @Ethereum blockchain, while keeping the underlying assets firmly within the existing domestic regulated custody chain.

The key distinction here is compliance. Previous tokenized equity products have largely sidestepped U.S. regulation by targeting offshore investors. This structure is different. For the first time, holders of third-party tokenized stocks and ETFs are able to participate in proxy voting , with token holders receiving the same legal protections and governance rights as conventional brokerage clients.

Proxy Voting, Oasis Pro, and the Regulatory Architecture

The feature, built with Broadridge Financial Solutions, allows holders of more than 250 tokenized securities on Ondo's platform to review company filings and submit voting preferences through Broadridge's ProxyVote system. Token holders can log in with their crypto wallets to access voting materials, receive prospectuses and regulatory filings when a company calls a shareholder meeting, and submit votes directly through wallet signatures.

The regulatory backbone for the U.S. issuance side comes from Oasis Pro. Oasis Pro operates as a FINRA-member broker-dealer and SEC-registered transfer agent, and was among the first firms authorized to support digital securities settlement in both fiat and stablecoins such as USDC and DAI. The deal gives Ondo Finance SEC-registered broker-dealer, ATS, and transfer agent licenses to operate regulated tokenized securities markets. By routing token issuance through Oasis Pro as the registered transfer agent, the system achieves 1:1-backed token issuance that operates entirely within the existing U.S. regulatory perimeter.

Ondo Finance now operates the largest tokenized stocks platform in the market, holding roughly 70% of total market share in the tokenized equities sector, with over $700 million in total value locked across 250+ tokenized stocks and ETFs. The Broadridge integration extends that lead by adding institutional-grade governance infrastructure. As Doug DeSchutter, President of Investor Communication Solutions at Broadridge, said in the official announcement: "Broadridge is proud to expand its voting infrastructure to connect our new Web3-enabled platform with the governance, disclosure, and investor participation standards that underpin modern capital markets."

Together, the two partnerships, Broadridge for governance and Oasis Pro for regulated issuance, give Ondo a full-stack compliance architecture that could serve as a template for how tokenized U.S. equities are structured going forward.

Sources
Broadridge Official Press Release: Ondo Finance Brings Shareholder Voting Capabilities to Tokenized Securities
CoinDesk: Ondo Finance Adds Proxy Voting for Holders of Its $700 Million Tokenized Equities
Blockworks: Ondo Finance Finalizes Oasis Pro Acquisition