AvaCloud

How Broadridge brought corporate governance for tokenized equities onchain.

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The infrastructure provider behind $15T in daily trading and 200M+ investor accounts extended its proxy-voting platform onchain, and is now the governance layer for every tokenization model recognized by the SEC.

Capital MarketsGovernanceTokenized Equities

The Scale of the Problem

Tokenization has outpaced the governance plumbing it depends on.

Proxy voting, corporate actions, and disclosures still run on legacy rails designed for registered and beneficial holders, not for a hybrid market where the same security can sit in a brokerage account, a custodial platform, or a digital wallet. Broadridge sits at the center of that plumbing and is rebuilding it.

$8T

In tokenized assets processed per month through Broadridge's tokenization capabilities, the foundation the new onchain governance layer extends.

$15T

In daily average trading underpinned by Broadridge's technology and operations platforms across tokenized and traditional securities globally.

200M+

End-investor accounts connected through Broadridge's network of banks, broker-dealers, and virtually every public company, mutual fund, and ETF in the U.S.

AvaCloud Solved the Problem

Onchain proxy voting, with the same controls Broadridge already runs at scale.

Galaxy (NASDAQ: GLXY) is the first U.S. public company to issue native tokenized equity on a major public blockchain. For its May 2026 annual meeting, Galaxy will use Broadridge's platform to bring proxy voting onchain, not as a pilot, but as the production system of record.

Votes are recorded on Broadridge's Avalanche-based L1 and distributed across multiple blockchains. Materials, holdings confirmation, and vote submission flow directly through investors' digital wallets, integrated with Broadridge's existing ProxyVote and ProxyEdge platforms.

Within a month of the Galaxy announcement, Broadridge extended the platform to support every tokenization model the SEC recognizes, issuer-sponsored, third party-sponsored, and third party-custodied, making it the governance layer for the full hybrid market.

"Bringing proxy voting onchain for a public company is not theoretical anymore. With Broadridge, we're combining the credibility of traditional market infrastructure with the advantages of blockchain to deliver a more efficient model for shareholders.", Mike Novogratz, CEO, Galaxy

Single Pane of Glass

One governance view across every place the same security can live.

In a hybrid market, a public company's shares can sit in brokerage accounts, custodial platforms, digital wallets, or direct-ownership frameworks. Broadridge consolidates votes from all of them into a single dashboard for issuers, and a single experience for investors.

Registered
Direct ownership
  • Direct registration accounts
  • Transfer-agent records
  • Issuer-of-record holdings
Beneficial
Brokerage & custody
  • Retail brokerage accounts
  • Institutional custody
  • ProxyVote & ProxyEdge
Tokenized
Onchain holdings
  • Issuer-sponsored tokens
  • Third-party sponsored tokens
  • Third-party custodied tokens
↓ Consolidated through Broadridge's Avalanche L1 ↓
Single Pane of Glass
Issuers see one consolidated view. Investors get one consistent voting experience.
Audit-grade controls, vote accuracy, and information-security standards apply identically across every column.

Who It Serves

Four audiences, one workflow.

The hybrid market only works if every participant gets the same audit-grade governance regardless of how the asset is held. Broadridge designed the platform around four very different sets of needs.

Retail
Retail investors

Vote onchain and off-chain holdings through ProxyVote. Same experience across brokerage accounts, apps, digital wallets, and direct ownership.

Institutional
Asset managers

Manage voting for tokenized and traditional securities through ProxyEdge, extending existing workflows and policies into digital-asset holdings without disruption.

Issuers
Public companies

Manage proxy and corporate actions across registered, beneficial, and tokenized shares with one holistic view and a single set of tools.

Distribution
Broker-dealers

Support new asset types using existing trusted capabilities: integrated reporting, auditability, compliance, and controls, no rebuild required.

Results

What's actually live in production.

These are not projections. Galaxy's annual meeting is the first public-company shareholder vote conducted through this infrastructure, and the platform is now the governance layer for every tokenization model the SEC recognizes.

First public-company onchain proxy vote
Galaxy · May 2026
Tokenized assets processed per month
$8T
Daily average trading underpinned
$15T
DLR settling tokenized real assets
~$365B / day
Tokenization models supported
All SEC-recognized
Investor accounts in network
200M+
Underlying chain
Avalanche L1 on AvaCloud

Your tokenization roadmap needs a governance layer.

Broadridge proved that proxy voting, corporate actions, and disclosures can move onchain without breaking the controls that institutions depend on. The same AvaCloud-managed L1 model is available to any market-infrastructure provider extending traditional rails into digital assets.

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