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Alpaca Partners with Broadridge to Extend Shareholder Governance to Tokenized US Equities

Blog post from Alpaca

Post Details
Company
Date Published
Author
Megha Bhattacharya
Word Count
754
Company Posts That Month
5
Language
English
Hacker News Points
-
Post removed?
No
Summary

Through a partnership with Broadridge Financial Solutions, Alpaca is enhancing its services by integrating institutional-grade shareholder governance capabilities into tokenized equities, allowing shareholders to access Broadridge's ProxyVote.com platform for proxy voting, investor communications, regulatory disclosures, and voting entitlement reconciliation. This integration enables investors holding tokenized equities through supported brokerage relationships to participate in corporate governance decisions such as board elections and mergers. Alpaca, a leading provider of custody for tokenized US equities and ETFs, connects tokenized markets with traditional capital market standards, ensuring accuracy, auditability, compliance, and transparency. However, it is important to note that tokenized assets generally provide economic exposure rather than direct equity ownership, and they do not confer voting rights unless explicitly stated. All investments involve risk, and there are no guarantees of future performance, emphasizing the need for investors to consider their objectives and risks carefully.

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