NYSE taps Broadridge for tokenized stock voting rights
In short
The NYSE chose Broadridge to help move shareholder voting and investor rights onto blockchain for its upcoming tokenized-stock venue. Broadridge already handles voting and corporate services on Wall Street.
This could affect how investors exercise rights in tokenized stocks. It is still not clear when the venue will launch or how the system will operate.
What the reporting says
The NYSE tapped Broadridge to help bring shareholder voting and investor rights onchain for its upcoming tokenized-stock venue. Broadridge is described as a key Wall Street provider of shareholder voting and corporate services. The reporting does not say when the venue will open or how the voting system will work in practice.
Why it matters
The NYSE tapped Broadridge to support shareholder voting and other investor rights onchain for its upcoming tokenized-stock venue. Broadridge is a major Wall Street provider of shareholder voting and corporate services. The reporting does not specify the launch date, the securities to be listed, or the technical structure of the voting setup.