Broadridge and Dinari Launch Onchain Proxy Voting for Tokenized U.S. Equities

Broadridge and Dinari have integrated their systems to allow holders of tokenized U.S. equities to participate in formal corporate governance. By connecting Dinari’s dShares to established proxy infrastructure, the partnership ensures that eligible digital asset investors can exercise voting rights and receive disclosures alongside traditional shareholders, marking a significant step for institutional-grade tokenization.

What was announced

The integration specifically targets eligible holders of Dinari’s dShares, which are tokenized versions of U.S. equities and ETFs. Under Dinari’s custodial model, each token represents an underlying security held through established custody arrangements. This partnership allows these token holders to access the same proxy voting processes used in traditional capital markets, ensuring their votes are counted as part of the formal shareholder process alongside those cast by traditional investors.

Beyond just voting, the integration provides dShare holders with access to relevant corporate disclosures for the companies in which they have invested. This move is part of a broader effort to maintain the legal and economic rights associated with securities, such as dividends and corporate actions, within a blockchain-based environment. The structure is designed to preserve the full functionality of public equities for those using tokenized markets.

Broadridge’s platform is designed to support various tokenization models, including both custodial securities and issuer-sponsored tokens. As the system evolves, shareholders will be able to authenticate their identity and prove their entitlements using digital wallets. This allows them to vote their proxy ballots directly onchain, utilizing Broadridge’s existing governance layer to provide security and accuracy within a native digital ecosystem. The service is currently focused on the U.S. market, where Broadridge maintains a dominant position in proxy communications.

The companies involved

Broadridge is a global fintech leader listed on the New York Stock Exchange. The firm occupies a critical position in the financial ecosystem, particularly through its Investor Communications Solutions business, which handles the vast majority of proxy voting and shareholder communications for public companies in the United States. Beyond governance, the company provides a wide array of technology-driven solutions for banking, capital markets, and wealth management, often serving as the underlying infrastructure for global financial institutions.

Dinari Inc. is a financial infrastructure provider specializing in the tokenization of real-world assets. The company’s primary offering, dShares, provides a bridge between traditional securities and blockchain technology by allowing for the issuance and trading of tokenized equities. Dinari operates on a custodial model, ensuring that every digital token is backed by a corresponding share of a U.S. stock or ETF held in a regulated custody environment. This approach is designed to provide investors with the economic benefits of equity ownership—such as dividends—while leveraging the efficiency and transparency of distributed ledger technology.

What FF News has reported before

FF News has closely followed Broadridge’s efforts to modernize its core infrastructure through emerging technologies. Recently, the publication noted the company’s focus on scaling its governance business when Broadridge Appoints Mike Cowley as General Manager of Global Proxy to Drive AI and Automation. This leadership move signaled a clear intent to integrate advanced automation into the proxy process.

Furthermore, Broadridge has been active in expanding its multi-asset capabilities. FF News reported on the firm’s move to broaden its trading ecosystem when Broadridge Integrates Kalshi Prediction Markets into CQG for Multi-Asset Trading. These developments highlight a consistent strategy of bridging traditional financial workflows with novel asset classes and digital-native platforms, ensuring the firm remains at the center of evolving market structures.

What this means

This integration addresses a persistent hurdle to the institutional adoption of tokenized real-world assets: the governance gap. While many platforms have successfully tokenized the economic value of a share, the legal rights—specifically voting—have often been left in a manual or secondary state. By plugging into Broadridge’s established proxy network, tokenized equities move closer to being indistinguishable from traditional securities in the eyes of regulators and fiduciaries.

The move puts pressure on competing tokenization providers to prove they can offer more than just a digital wrapper. As the market matures, the industry must resolve whether onchain governance can truly sync with legacy legal frameworks without creating two-tier shareholder classes.