Ondo Finance Launches First-Ever Custodial Tokenized Securities in the U.S., Broadridge Partners to Integrate World Class Governance

Rhea-AI Summary

Broadridge (NYSE:BR) and Ondo Finance launched the first live third-party custodial tokenized U.S. securities operating fully within the existing U.S. regulatory framework. BlackRock iShares Core S&P 500 (IVV) ETF and Micron (MU) shares are tokenized on Ethereum and backed 1:1 by underlying securities.

Ondo’s registered transfer agent mints tokens while underlying shares remain in traditional custody. Broadridge’s ProxyVote.com provides onchain proxy voting, issuer communications, and regulatory disclosures so token holders retain shareholder rights comparable to traditional brokerage accounts.

News Market Reaction – BR

+2.14%

+2.14% News Effect

On the day this news was published, BR gained 2.14%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

Broadridge’s integration of proxy voting and disclosures for Ondo’s new U.S. custodial tokenized sec...

Analysis

Broadridge’s integration of proxy voting and disclosures for Ondo’s new U.S. custodial tokenized securities structure reinforces its governance role in digital markets. Investors may weigh this strategic expansion against an active shelf and recent net insider selling.

Historical Context

5 past events · Latest: Jun 23 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jun 23	leadership appointment	Neutral	+0.1%	Named a new Co-President of Digital Assets to advance tokenization strategy.
Jun 18	product launch	Neutral	-1.8%	Subsidiary-supported launch of retirement income CIT series available through NSCC.
Jun 17	strategic partnership	Neutral	-3.0%	Collaboration with Fispoke to extend private banking and lending to independents.
Jun 17	AI initiative	Neutral	-3.0%	Joined Anthropic’s Project Glasswing to apply frontier AI to cyber defense.
Jun 16	AI product update	Neutral	+0.8%	LTX, backed by Broadridge, added agentic AI to BondGPT trading platform.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent strategic and digital-asset-related announcements have been followed by relatively modest single-day share-price moves.

Key Terms

tokenized securities, proxy voting, transfer agent, ethereum blockchain, +2 more

6 terms

tokenized securities financial

"Ondo Finance today announced the first live solution of third-party tokenized U.S. securities"

A digital representation of a traditional financial asset—such as a share, bond or fund—recorded on a blockchain or similar electronic ledger so ownership and transfers are tracked automatically. It matters to investors because tokenized securities can make buying, selling and dividing assets faster, cheaper and available around the clock, potentially increasing liquidity and allowing investors to buy smaller slices of expensive assets, while also introducing platform, custody and regulatory considerations.

proxy voting financial

"enable holders of the tokenized securities to participate in proxy voting and receive regulatory disclosures"

Proxy voting is a process that allows investors to have their voting power on company decisions exercised by someone else if they cannot attend meetings in person. It ensures that their opinions are still represented, similar to authorizing someone else to vote on their behalf at an election. This helps investors influence company actions even when they cannot be physically present.

transfer agent financial

"Ondo's registered transfer agent mints corresponding tokens, backed 1:1 by those shares"

A transfer agent is a financial service that keeps the official record of who owns a company's shares, handles the buying and selling of those shares on paper or electronically, and issues or cancels stock certificates. Think of it as the company’s records keeper and mailroom combined—investors rely on it to make sure dividends, shareholder mailings, ownership changes, and proxy voting are processed accurately and securely, which protects ownership rights and helps prevent errors or fraud.

ethereum blockchain technical

"tokens, backed 1:1 by those shares, which are issued on the Ethereum blockchain and held"

A global, public digital ledger and computing platform that records transactions and runs self-executing programs called smart contracts; think of it as a shared spreadsheet and vending machine combined, where rules and records are visible to everyone and execute automatically. It matters to investors because the network hosts digital tokens, decentralized finance and apps whose usage, fees and upgrades drive demand and value, so changes in adoption, regulation or performance can affect asset prices tied to the platform.

custodian financial

"issued on the Ethereum blockchain and held by regulated custodians."

A custodian is a financial institution that holds and safeguards an investor's assets—such as stocks, bonds, or cash—and records transactions on the investor's behalf. Think of it as a trusted caretaker or safe-deposit box for investments; it helps prevent loss or theft, handles paperwork and transfers, and provides transparency and regulatory checks, so investors can focus on decisions rather than the mechanics or security of asset storage.

regulatory disclosures regulatory

"participate in proxy voting and receive regulatory disclosures, seamlessly providing token holders"

Documents and public statements companies are required to share with regulators and the market that disclose financial results, material events, risks, leadership changes and other information that could affect the business. They matter to investors because they provide the official facts and warning lights about a company’s health and prospects—like a car’s dashboard—helping people judge risk, verify management’s claims and make informed buy, hold or sell decisions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

• The milestone marks the expansion of Ondo – the leader in tokenized securities by total value – into the U.S.
• For the first time, U.S. listed securities – BlackRock's iShares Core S&P 500 (IVV) ETF and Micron (MU) shares – were tokenized by a third party on a public blockchain while staying within the existing U.S. regulatory and infrastructure framework
• Broadridge will enable holders of the tokenized securities to participate in proxy voting and receive regulatory disclosures, seamlessly providing token holders with the same protections and rights as holders of traditional securities
• Investors in securities tokenized by Ondo will have a common voting and shareholder communications platform and experience for synthetic and custodial tokenized securities leveraging Broadridge's ProxyVote.com platform

NEW YORK, July 2, 2026 /PRNewswire/ -- Ondo Finance today announced the first live solution of third-party tokenized U.S. securities operating entirely within the existing regulatory perimeter in the U.S., in partnership with Broadridge Financial Solutions Inc., (NYSE: BR) to provide full voting rights for tokenized equity holders.

In its January 2026 statement on tokenized securities, the SEC described a custodial model in which a third party holds an issuer's securities and issues crypto assets representing a holder's entitlement to the underlying security. Ondo's launch of tokenized BlackRock iShares Core S&P 500 (IVV) ETF and Micron (MU) stock are the first production deployments of that model in the U.S.

Under this model, which closely follows the SEC's third-party custodial model, the underlying shares never leave the traditional U.S. regulated custody chain. Ondo's registered transfer agent mints corresponding tokens, backed 1:1 by those shares, which are issued on the Ethereum blockchain and held by regulated custodians. Each token holder will receive the same shareholder rights and protections as shareholders holding through U.S. brokerage accounts receive, including issuer communications and onchain proxy voting through Broadridge's ProxyVote.com platform.  Transfer restrictions are enforced by the participating broker-dealer, transfer agent, and custodian in accordance with existing regulatory requirements and practices, maintaining full regulatory compliance.

"Tokenized Securities in the U.S. are too often framed as a binary choice between competing models and tokenization providers. This is a false premise. Ondo has built the regulatory, product, and service infrastructure to support all major models within the United States. Today's milestone shows we can tokenize securities in ways that meet both market and regulatory requirements, for U.S. and global investors and provides a strong foundation for our expanding access to onchain investments for more U.S. investors," said Ian De Bode, CEO of Ondo Finance.

Today's announcement marks a major step forward for tokenized securities in the United States. Until now, tokenized securities have largely operated outside the U.S. or have required issuer sponsorship on an issuer-by-issuer basis. This model brings them inside the U.S. regulatory perimeter, with the underlying securities held in the same infrastructure that custodies U.S. securities today. This new structure shows how the benefits of tokenization can be attained while preserving the safeguards, recordkeeping, and market infrastructure that underpin U.S. capital markets.

"Tokenization will only scale when it delivers both innovation and investor confidence," said Doug DeSchutter, President of Broadridge's Investor Communication Solutions business. "By enabling proxy voting, issuer communications, and regulatory disclosures for Ondo's token holders, we're living up to our promise to empower investors and issuers by providing them with the full range of trusted governance capabilities for tokenized securities regardless of how assets are structured."

The launch is another milestone in realizing Broadridge's strategy to enable the adoption of tokenized securities by ensuring that they are supported by governance capabilities with the highest standards for auditability, accountability, and investor protection and comply with U.S. regulatory guidelines. Broadridge supports all models of tokenized securities, including issuer-listed models, synthetic tokenized securities issued outside the United States, and now, third-party tokenized shares within the U.S. by ensuring that investors get the critical communications they need to exercise their voting rights and stay informed about their investments.

About Ondo Finance

Ondo Finance is a blockchain-based technology company focused on tokenizing real-world assets and bringing institutional-quality financial products onchain. By bridging traditional finance and decentralized infrastructure, Ondo aims to make capital markets more accessible, transparent, and efficient.

The Global Markets platform for Ondo tokenized securities outside of the U.S. currently supports more than $1 billion in tokenized securities across 430+ tokenized stocks & ETFs. This launch expands Ondo's tokenization footprint into the U.S., to enable third-party issuance of tokenized security entitlements for major ETFs and stocks.

Oasis Pro TA, LLC, an SEC-registered transfer agent and indirect wholly owned subsidiary of Ondo Finance Inc., issues the tokenized security entitlements in the new model herein described. Such tokenization services are not a regulated activity of Oasis Pro TA, LLC.

About Broadridge's Tokenization Solutions

Broadridge enables onchain proxy voting and governance, digital asset infrastructure including post-trade, wallets and custody, and the scaling of digital asset capabilities across multiple asset classes. Through these innovations, Broadridge is helping financial institutions unlock the next era of digital asset investing.

Broadridge's Distributed Ledger Repo solution is the world's largest institutional platform for settling tokenized real assets. As tokenization gains momentum across financial services, Broadridge is meeting the complexity of operating across traditional and digital ecosystems with established scale, critical market knowledge, and technological expertise.

About Broadridge

Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in tokenized and traditional securities globally. A certified Great Place to Work^®, Broadridge is part of the S&P 500^® Index, employing over 15,000 associates in 21 countries.

For more information about us, please visit www.broadridge.com

 

 

View original content:https://www.prnewswire.com/news-releases/ondo-finance-launches-first-ever-custodial-tokenized-securities-in-the-us-broadridge-partners-to-integrate-world-class-governance-302816716.html

SOURCE Ondo Finance

FAQ

What did Broadridge (NYSE:BR) and Ondo Finance announce on July 2, 2026?

Broadridge and Ondo Finance announced live third-party tokenized U.S. securities operating within the existing U.S. regulatory perimeter. According to Broadridge, the launch covers tokenized BlackRock iShares Core S&P 500 (IVV) ETF and Micron (MU) shares issued on the Ethereum blockchain.

How does the Ondo and Broadridge custodial tokenized securities model work in the U.S.?

The model keeps underlying shares in traditional U.S. custody while issuing 1:1 backed tokens on Ethereum. According to Broadridge, a registered transfer agent mints tokens and regulated custodians hold them, maintaining existing regulatory practices and transfer restrictions for investors.

Which securities are included in Ondo Finance’s first U.S. custodial tokenized offering?

The initial offering includes BlackRock iShares Core S&P 500 (IVV) ETF units and Micron (MU) shares. According to Broadridge, these are the first production deployments of the SEC-described third-party custodial tokenization model for U.S.-listed securities on a public blockchain.

What shareholder rights do Ondo’s tokenized security holders receive through Broadridge (BR)?

Token holders receive shareholder rights comparable to traditional U.S. brokerage account investors, including proxy voting and issuer communications. According to Broadridge, voting and regulatory disclosures are delivered using the ProxyVote.com platform, with onchain proxy voting supported for the tokenized securities.

How does the Ondo and Broadridge tokenization model address U.S. regulatory requirements?

The model operates within the existing U.S. regulatory perimeter, keeping underlying shares in regulated custody chains. According to Broadridge, transfer restrictions are enforced by the broker-dealer, transfer agent, and custodian in line with current regulatory requirements and practices.

What role does Broadridge’s ProxyVote.com play in Ondo’s tokenized securities?

ProxyVote.com provides a common platform for proxy voting and shareholder communications for Ondo’s tokenized securities. According to Broadridge, it enables onchain proxy voting, issuer communications, and regulatory disclosures so token holders can exercise rights similarly to traditional shareholders.

How does Broadridge (NYSE:BR) support different tokenized securities models with this launch?

Broadridge supports issuer-listed, synthetic non-U.S., and third-party U.S. tokenized securities with governance tools. According to Broadridge, the launch extends its strategy to cover third-party tokenized shares inside the U.S., emphasizing auditability, accountability, and investor protection across structures.