Ondo Finance brings proxy voting to holders of its $700M tokenized equities.

Ondo Finance has added proxy voting rights for holders of its tokenized equity products, which collectively represent around $700 million in assets. The move closes a long-standing gap between on-chain ownership and the shareholder rights that come with traditional equity exposure.

Proxy voting has been a sticking point for institutional adoption of tokenized securities — owning a token that tracks a stock is one thing, but exercising the governance rights attached to that stock is another. By wiring voting into the product, Ondo is pushing tokenized equities closer to functional parity with their TradFi counterparts.

The update signals a broader maturation in the tokenized real-world asset space, where feature completeness — not just yield or liquidity — is becoming the competitive frontier.