Galaxy Digital Shareholders to Vote On-Chain in Landmark Tokenized Stock Move

Tokenized stock is moving from a passive holding to an active governance instrument. Holders of tokenized shares in Galaxy Digital (GLXY) will soon be able to participate directly in corporate proxy voting on-chain, facilitated by the financial services giant Broadridge. This marks the first instance of a publicly traded company enabling shareholder voting rights to be exercised natively on a blockchain, moving beyond simple asset representation.

The initiative represents a critical next step in the evolution of tokenized real-world assets (RWAs). It directly addresses a long-standing critique of the sector: that tokenized stocks are merely synthetic derivatives without the core rights of ownership. By integrating with Broadridge, a dominant player in traditional proxy voting and investor communications, Galaxy is bridging the legacy financial infrastructure with decentralized networks, granting token holders a formal voice in corporate matters.

This development signals mounting institutional pressure to validate the tokenization model. A successful vote could set a powerful precedent, accelerating adoption by other public companies and asset managers while increasing scrutiny from regulators who must now consider on-chain governance as a functional reality. The technical and legal execution of this vote will be closely watched as a benchmark for the entire digital asset ecosystem.