The New York Stock Exchange said it has partnered with Broadridge Financial Solutions to provide on-chain governance and digital transfer agent services for its planned tokenized stock trading platform. The arrangement covers shareholder record management, investor communications, and proxy voting. Under the setup, investors will be able to take part in shareholder votes through supported wallets, brokerage platforms, or Broadridge’s existing ProxyVote service. NYSE said the goal is to let tokenized equities trade on-chain while preserving shareholder rights associated with traditional markets. The report also noted that Securitize and tZERO had already been included in the exchange’s transfer agent service plans for the tokenized platform. CoinDesk was cited as the source of the report.
The New York Stock Exchange (NYSE) has partnered with Broadridge Financial Solutions to provide on-chain governance and digital transfer agent services for its planned tokenized stock trading platform.
The services will cover shareholder record management, investor communications, and proxy voting. Investors will be able to participate in shareholder votes through supported wallets, brokerage platforms, or Broadridge’s existing ProxyVote service.
NYSE plans to keep traditional shareholder rights in place while allowing tokenized stocks to trade on-chain. The report added that Securitize and tZERO had already been included in the exchange’s transfer agent service buildout for the tokenized platform.
CoinDesk was cited in the report.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.