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Woofun AI reports that Ondo Finance partnered with Broadridge on Thursday to grant shareholder voting rights to holders of over 250 tokenized stocks and exchange-traded funds (ETFs). This integration enables proxy voting, access to corporate communications, regulatory filings, and shareholder documents via a Web3-enabled platform. Users can now authenticate with blockchain wallets to access governance services previously restricted to traditional market participants.
The initiative addresses critical gaps in tokenized equities by aligning digital asset companies with conventional financial products onchain. While faster settlement and around-the-clock trading are established benefits, governance rights have historically lagged behind traditional direct stock ownership. Ondo is launching its first US custodial tokenized securities, including BlackRock's iShares Core S&P 500 ETF (IVV) and Micron Technology (MU), under the US Securities and Exchange Commission's third-party custodial framework.
Market expansion has accelerated significantly, with the total value of tokenized stocks surpassing $1 billion in March according to Foresight Ventures.
Woofun AI data shows the sector has since grown to $1.67 billion, supported by nearly 181,000 unique holders. This rapid adoption underscores the shifting landscape where digital securities are gaining traction alongside established financial instruments.
Competitive dynamics are intensifying as Backed Finance expands its xStocks platform across multiple crypto exchanges and blockchain networks. Tokenization has emerged as one of crypto's fastest-growing sectors in 2026, defying broader market weakness. A 21shares report attributes this resilience to rising institutional adoption and improving infrastructure, while separate data from Binance indicates tokenized real-world assets, including stocks, have surged nearly 600% over the past year.
The sector's maturation signals a structural shift toward integrating tokenized real-world assets and stocks into mainstream finance. As infrastructure improves and institutional adoption accelerates, tokenization is poised to redefine equity markets despite ongoing market weakness. This trajectory marks a definitive move beyond experimental phases into scalable financial utility.