Broadridge Brings Shareholder Governance Onchain with a Purpose-Built Avalanche L1 via AvaCloud

Finance

News

Partnership

Bringing core shareholder governance workflows onchain to support more functional, transparent, and operationally integrated tokenized equities.

Broadridge Financial Solutions is extending its governance platform to digital assets through a purpose-built Avalanche L1 powered by AvaCloud. Proxy voting, corporate actions, and investor communications can now be executed directly from investor wallets and recorded onchain, continuing to remain fully integrated with existing institutional workflows.

The Problem: Governance Fragmentation in Tokenized Markets

Shareholder governance sits at the foundation of public equity markets. Proxy voting, corporate actions, and investor communications are essential functions that Broadridge already powers for thousands of institutions and public companies. As tokenized equities expand across multiple platforms and blockchain networks, governance becomes fragmented.

There is no unified system for coordinating these processes across traditional and tokenized equities. Each new tokenization platform introduces another silo. Issuers, custodians, and trading venues are left without a shared infrastructure layer to manage the full lifecycle of equity ownership in a consistent, auditable way.

Regulated institutions face particular operational risk from this fragmentation. Compliance requirements demand controlled data access, permissioned participation, and verifiable execution. Batch-based, intermediary-driven systems were not designed to keep pace with assets that settle in real time across distributed networks.

A Unified System of Record for Equity Governance

Rather than replicating infrastructure across chains, Broadridge's Avalanche L1 serves as the coordination layer where governance is unified across traditional and tokenized equities. The network acts as a canonical system of record for proxy voting, corporate actions, and investor communications.

The L1 connects across tokenization platforms and blockchain networks, enabling governance to function across fragmented ecosystems through a single, interoperable layer. It integrates with issuers, custodians, and trading venues to support the full lifecycle of equity ownership.

Permissioned participation, controlled data access, and compliance-aligned execution are built into the L1 from the start. The chain supports a trusted network of known participants today, with flexibility to evolve toward broader decentralization over time.

First Implementation: Galaxy's Onchain Shareholder Vote

Galaxy will use this infrastructure for its upcoming shareholder vote, marking one of the first real-world implementations of onchain governance in public markets. Voting will happen directly from investor wallets, with results recorded transparently onchain.

This represents a structural change in how equity ownership functions and how markets perceive them. Governance moved from intermediary-driven, batched based systems to a shared, real-time infrastructure layer where votes and corporate actions are executed with certainty. This reduces decisions to be executed with greater speed and certainty.

Why Avalanche

Near-instant transaction finality is a baseline when handling regulated equity workflows. Votes and corporate actions need to be confirmed with certainty, not probabilistically validated minutes later. Avalanche provides this at the infrastructure level.

This is not a parallel system. It is core market infrastructure extended onchain with permissioned participation and compliance-aligned execution. Investors can vote directly from their wallets, with results recorded transparently onchain. Broadridge joins institutions like BlackRock and Franklin Templeton already building on Avalanche, where $1B+ in tokenized assets are live across treasuries, equities, credit, and alternatives.

Production use cases span tokenized funds, private credit, collateral management, and securities infrastructure. Avalanche is functioning as financial rails for capital markets.

Deploying Production Infrastructure with AvaCloud

Broadridge launched production-grade infrastructure without heavy operational overhead by deploying with AvaCloud. The managed platform and rapid deployment capabilities allowed Broadridge to focus on the governance application layer rather than spending months building, testing, and maintaining blockchain infrastructure from scratch.

Institutions need purpose-built blockchain networks tailored to specific regulatory and operational requirements. They also need to go live without absorbing the full complexity of running that infrastructure themselves. That is the pattern AvaCloud supports.

What This Means for Capital Markets

Proxy voting is one of the largest governance coordination systems in global capital markets, touching billions of shares across public companies each year. Broadridge’s deployment matters not because it is a proof of concept, but because a company at the center of global equity markets is extending production governance infrastructure onchain.

By coordinating these workflows on a private, permissioned, EVM-based Avalanche network deployed via AvaCloud, this project begins to show how high-volume governance processes can move toward more verifiable, programmable infrastructure while remaining aligned with the operational requirements of regulated markets globally.

Over time, architectures like this could support a broader set of corporate actions and investor communications workflows across issuers, market infrastructure providers, and other financial institutions evaluating how Avalanche’s infrastructure can be applied in production environments.

Organizations exploring onchain infrastructure for regulated financial systems can get a demo or read case studies to see how AvaCloud supports enterprise deployments at scale.