Ondo Finance Launches Ethereum-Based Tokenized Securities Solution with Broadridge Partnership

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According to ChainCatcher, Ondo Finance announced today the launch of a third-party custodial tokenized securities solution operating within current U.S. regulatory frameworks, in partnership with Broadridge Financial Solutions. Under the mechanism, underlying stock assets remain in the traditional U.S. regulated custody system. Ondo's registered transfer agent mints tokens on a 1:1 basis and issues them on Ethereum, while a compliant custodian holds the backing assets. Broadridge will provide full shareholder governance and voting rights support to tokenized stock holders.
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