Galaxy to Hold GLXY Shareholder Vote Onchain in May

TLDR

• Galaxy will use Broadridge’s ProxyVote platform for its GLXY shareholder vote in May.
• Broadridge will record tokenized GLXY governance votes on the Avalanche Layer 1 blockchain.
• ProxyVote now supports both traditional and tokenized securities in one system.
• Galaxy previously issued its onchain shares through Superstate’s Opening Bell platform.
• Mike Novogratz said proxy voting onchain for a public company is no longer theoretical.

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Galaxy will use Broadridge Financial Solutions’ ProxyVote platform for its May shareholder meeting. The company will record votes for its onchain GLXY shares on the Avalanche Layer 1 blockchain. Broadridge confirmed that ProxyVote now supports both traditional and tokenized securities.

Galaxy Integrates Broadridge ProxyVote for GLXY Annual Meeting

Galaxy selected Broadridge to manage proxy voting for its tokenized GLXY shares. The company will apply the system during its upcoming annual meeting in May. Broadridge will record governance votes on the Avalanche Layer 1 blockchain.

Galaxy previously worked with Superstate to issue its shares onchain. The company issued those shares through Superstate’s Opening Bell platform in May 2025. Broadridge will now support voting for those blockchain-based shares.

Galaxy CEO Mike Novogratz addressed the update in a public statement. He said, “We’ve long believed that tokenization will reshape capital markets.” He added that proxy voting onchain for a public company is no longer theoretical.

Broadridge stated that ProxyVote enables shareholders to review materials and cast votes digitally. The platform supports registered, beneficial, and tokenized holdings in one interface. The company described this system as a “single pane of glass” solution.

The platform will begin with Avalanche and later expand to other blockchains. Broadridge said it designed the system to simplify annual meetings. The firm serves public companies that issue both traditional and tokenized shares.

Broadridge Expands Blockchain Governance Across Avalanche and Beyond

Broadridge announced the expanded ProxyVote capability on Monday. The firm confirmed that it will record governance data onchain through Avalanche. It plans to add support for more chains over time.

The company said the service aims to streamline corporate voting processes. It will consolidate voting records across various share formats. Broadridge focuses on delivering one unified governance workflow.

Galaxy operates as a crypto-focused financial services firm. It has advanced its tokenization efforts through partnerships and blockchain integrations. The GLXY onchain shares reflect that strategy.

Other firms have also issued tokenized equities. Sharplink, which trades under the ticker SBET, focuses on Ethereum-based shares. Forward Industries, trading as FWDI, has issued shares tied to Solana.

Superstate launched its Opening Bell platform in May 2025. The platform allows companies to issue and trade non-synthetic tokenized shares. Galaxy used that system to bring its equity onchain.

Securitize also explores issuer-native tokenized equity offerings. At the same time, the U.S. Securities and Exchange Commission continues to clarify related rules. Broadridge confirmed that Galaxy will use ProxyVote for its May meeting.

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