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Proxy

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Reclaiming data & privacy in a web3 world

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Proxy is making a way for people to own their data, take back their privacy, and control how they are identified by the services they use. Proxy is striving to bring the promise of Web3, decentralization, and self-sovereign identity to everyone. Proxy is bridging these ideas into everyday applications, making them more accessible and universally adopted.

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Ondo Finance Launches Proxy Voting Functionality for Holders of Over 250 Tokenized Securities

According to CoinDesk, Ondo Finance has partnered with Broadridge to introduce proxy voting functionality for holders of over 250 tokenized securities on its platform. Users can log in to Broadridge’s ProxyVote system via their crypto wallets to review corporate documents and submit voting preferences. The total market value of stocks and ETF tokens currently issued on its Global Markets platform exceeds $700 million. Ondo stated that while these tokens do not directly confer shareholder rights, the platform can consider investors’ voting preferences when exercising voting rights on the underlying shares it holds.

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Ondo Finance Launches Proxy Voting Functionality for Holders of Over 250 Tokenized Securities

According to CoinDesk, Ondo Finance has partnered with Broadridge to introduce proxy voting functionality for holders of over 250 tokenized securities on its platform. Users can log in to Broadridge’s ProxyVote system via their crypto wallets to review corporate documents and submit voting preferences. The total market value of stocks and ETF tokens currently issued on its Global Markets platform exceeds $700 million. Ondo stated that while these tokens do not directly confer shareholder rights, the platform can consider investors’ voting preferences when exercising voting rights on the underlying shares it holds.