Broadridge to Bring OnChain Governance and Digital Transfer Agency to New York Stock Exchange Tokenized Securities Platform
- On Monday, Broadridge Financial Solutions Inc announced plans to provide on-chain governance and digital transfer agency services to the New York Stock Exchange's planned tokenized securities platform, scheduled to launch following regulatory approval.
- NYSE Group President Lynn Martin stated, "Tokenization has the potential to transform the manner in which issuers interact with their shareholders," as the exchange aims to connect trading, clearing, and governance into a unified ecosystem.
- CEO Tim Gokey said, "Broadridge is building the governance layer for tokenized equities," noting the firm serves over 10,000 public companies and enables investor voting via ProxyVote and supported digital wallets.
- Tokenization specialists Securitize and tZERO are also providing transfer agency services for the NYSE platform, while the Depository Trust & Clearing Corporation unveiled its own tokenization platform last week focusing on custody and transfers.
- Broadridge continues expanding its blockchain business through its DLX tokenization platform, which processes more than $360 billion in transactions daily and supports issuer-listed models and third-party tokenized shares within the United States.
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PR Newswire
Broadridge to Bring OnChain Governance and Digital Transfer Agency to New York Stock Exchange Tokenized Securities Platform
/PRNewswire/ -- Broadridge (NYSE: BR) today announced plans to bring on-chain shareholder governance and digital transfer agency services to New York Stock...
NYSE Taps Broadridge to Bring Shareholder Voting to Blockchain
The New York Stock Exchange (NYSE) has selected Broadridge Financial Solutions to provide blockchain-based shareholder governance and digital transfer agency services for its planned tokenized securities platform. The agreement marks another step in the exchange’s efforts to develop infrastructure that could allow traditional equities to operate on blockchain networks. Broadridge announced the arrangement on November […]
Key Points of the News: The New York Stock Exchange has signed agreements with Broadridge Financial Solutions, Computershare, Equiniti and Superstate, raising six of its transfer agency partners. Traditional incorporated entities collectively serve about 5,000 listed companies, a figure that covers almost 99% of the S&P 500 index. The system is ... Read more
The New York Stock Exchange (NYSE) strengthens its future platform of tokenized shares with four new partners, including the giant Broadridge. These transfer agents join the project to manage the register of shareholders of these tokenized securities. With Broadridge, the goal is to allow holders of these tokenized securities to vote in general assembly from the blockchain, via their crypto portfolio. The New York Stock Exchange wants you to vot…
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