Broadridge and Galaxy Digital Debut On-Chain Proxy Voting for U.S. Public Markets
Galaxy Digital will become the first U.S. public company to conduct an annual shareholder vote using Broadridge Financial Solutions' blockchain-based governance platform in May 2026.
Broadridge Financial Solutions has officially integrated blockchain technology into the corporate proxy voting process, marking a significant shift for U.S. public company governance. Galaxy Digital has been named the first public corporation to adopt this decentralized infrastructure for its shareholder proceedings.
Under the new arrangement, Galaxy Digital will utilize Broadridge’s proprietary on-chain governance platform to facilitate its annual shareholder vote. This milestone is scheduled to take place during the company's annual meeting in May 2026. By transitioning to a blockchain-based system, the initiative aims to enhance the transparency and efficiency of the voting process for public entities.
The collaboration represents a notable adoption of distributed ledger technology within traditional financial infrastructure. Broadridge’s platform is designed to streamline the complexities of proxy management, allowing for more secure and verifiable shareholder participation. This integration establishes a precedent for how U.S.-based public companies may manage corporate governance requirements in the future, moving away from legacy record-keeping systems in favor of digital, immutable ledgers.