🔗 Crypto & Blockchain

Broadridge's On-Chain Vote for Galaxy: Blockchain Breakthrough or Shareholder Gimmick?

Your proxy ballot just went blockchain. Broadridge, the trillion-dollar fintech beast, flipped the switch on Avalanche for Galaxy shareholders—but who's cashing in on this 'next step' for tokenized stocks?

Avalanche blockchain graphic showing on-chain proxy vote for Galaxy tokenized stocks by Broadridge

⚡ Key Takeaways

  • Broadridge enables first on-chain proxy votes for Galaxy shareholders on Avalanche, tokenizing traditional governance. 𝕏
  • Skeptical view: Big wins for Broadridge fees and Avalanche TVL, less for everyday shareholders. 𝕏
  • Prediction: Echoes 1990s e-voting hype—short buzz, long-term if regs cooperate. 𝕏
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Originally reported by Decrypt

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