Payward partners with Broadridge to bring voting rights to xStocks holders

Tokenized stocks just got a lot more interesting. Payward Services, the B2B arm of Kraken, announced a partnership with Broadridge Financial Solutions that will allow eligible xStocks holders to exercise proxy voting rights on shares underlying their tokens. The integration, announced on August 5, 2026, connects Broadridge’s governance platform and ProxyVote.com with Web3 authentication, meaning xStocks holders can now submit proxy votes the same way traditional shareholders do. Fixing the one thing tokenized stocks couldn’t do When the xStocks framework launched in June 2025, holders got economic exposure to the underlying equities, meaning they could profit from price movements and dividends. What they couldn’t do was vote. Broadridge’s infrastructure changes that equation. The company processes over $18 trillion daily in securities across both traditional and tokenized markets. Broadridge has been extending governance capabilities to tokenized securities since at least May 2026, working with partners like Galaxy and Ondo Finance. The xStocks trajectory Payward’s tokenized equities platform now supports over 500 tokenized assets, spanning equities, ETFs, and even pre-IPO offering...