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Galaxy taps Broadridge for onchain GLXY shareholder vote in May

The Block
Galaxy will utilize Broadridge’s ProxyVote platform to conduct the first-ever onchain shareholder vote for its tokenized equities this May.

Summary

Crypto conglomerate Galaxy is partnering with Broadridge Financial Solutions to become the first firm to leverage an expanded governance platform for onchain shares. Galaxy will use Broadridge’s ProxyVote system for its upcoming shareholder meeting in May, utilizing the Avalanche blockchain to record votes. This initiative aims to bridge traditional market infrastructure with blockchain technology, simplifying governance for companies managing both tokenized and traditional equity holdings.

(Source:The Block)