ChainCatcher report, according to CoinDesk, the New York Stock Exchange (NYSE) has announced a partnership with Wall Street financial services giant Broadridge Financial Solutions to provide on-chain governance and digital transfer agent services for its planned tokenized stock trading platform, covering functions such as shareholder recordkeeping, investor communications, and proxy voting. Investors will be able to participate in shareholder voting in the future through supported wallets, broker platforms, or Broadridge’s existing ProxyVote service. Broadridge will help preserve traditional market shareholder rights while enabling tokenized stocks to trade on-chain; the company currently serves over 10,000 publicly listed companies globally and processes over $15 trillion in securities transactions daily. Previously, Securitize and tZERO have also been incorporated into NYSE’s transfer agent service framework for its tokenized platform.
NYSE partners with Broadridge to enable on-chain shareholder voting for tokenized stocks
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Summary
The New York Stock Exchange has announced a partnership with Broadridge Financial Solutions to support on-chain governance and digital transfer agency services for its tokenized stock platform. The collaboration encompasses shareholder record management, investor communication, and proxy voting. Investors can vote through wallets, broker platforms, or Broadridge’s ProxyVote service. Broadridge ensures that tokenized stocks retain traditional shareholder rights. The firm handles over $15 trillion in daily settlements and serves more than 10,000 public companies. Securitize and tZERO were previously integrated into the NYSE’s tokenized platform. This on-chain development marks a significant step in the advancement of digital asset infrastructure.
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