Broadridge and Alpaca have launched a governance solution for tokenised equities, integrating proxy voting, investor communications, voting entitlement reconciliation and regulatory disclosures into Alpaca’s tokenisation network.
Broadridge and Alpaca Launch Tokenised Securities Governance Solution
Financial technology company Broadridge and brokerage infrastructure provider Alpaca announced in the United States on 20 July 2026 that they had jointly launched a governance solution for tokenised securities. According to the joint announcement, Broadridge’s governance infrastructure for retail and institutional investors is being integrated into Alpaca’s instant tokenisation network.
The immediate effect of the integration is that tokenised equities will receive the shareholder governance arrangements established in traditional markets, in addition to the infrastructure supporting their ownership and transfer. The companies said their objective is to align traditional and tokenised equities across ownership, transparency and operational integrity.
(Source: Joint announcement by Broadridge and Alpaca; published: 2026-07-20; place of publication: United States.)
Division of Responsibilities
According to the announcement, the two companies will perform distinct functions under the partnership:
Broadridge will provide shareholder governance capabilities covering proxy voting, investor communications, voting entitlement reconciliation and regulatory disclosures for both traditional and tokenised equities
Alpaca will continue to provide the regulated brokerage infrastructure supporting equity tokenisation, including custody and clearing services for the underlying assets
Access Routes for Institutional and Retail Investors
Institutional Investors
Institutional investors will be able to incorporate voting matters relating to tokenised equities into their existing governance workflows and reporting systems, including vote selection procedures. This arrangement removes the need to establish a separate governance process for tokenised holdings.
Retail Investors
Retail investors can participate in eligible shareholder meetings through the following process:
Access the governance portal through ProxyVote.com;
Confirm eligibility for shareholder meetings associated with their tokenised equity holdings;
Exercise their voting rights and complete voting entitlement reconciliation;
Receive the same regulatory disclosures as holders of traditional equities.
| Item | Details | Date | Responsible Party |
|---|---|---|---|
| Partnership announcement | Tokenised securities governance solution | 2026-07-20 | Broadridge and Alpaca |
| Governance capabilities | Proxy voting, investor communications, voting entitlement reconciliation and regulatory disclosures | Integration in progress | Broadridge |
| Brokerage and custody | Regulated brokerage infrastructure and custody and clearing of underlying assets | Provided on an ongoing basis | Alpaca |
| Accounts covered by the platform | More than 200 million retail and institutional investor accounts worldwide | As of 2026-07 | Broadridge |
Statements from the Companies
Broadridge
Doug DeSchutter, President of Investor Communication Solutions at Broadridge, commented on the purpose of the partnership.
“Today’s announcement marks an important step towards expanding the adoption of tokenised equities by ensuring they are supported by institutional-grade governance capabilities, regardless of how the equities are held or tokenised.”
In the same statement, he noted that Broadridge’s platform already supports investor communications and shareholder engagement for more than 200 million retail and institutional investor accounts worldwide. The partnership will extend these capabilities to tokenised equities.
Alpaca
Alpaca Co-founder and Chief Executive Officer Yoshi Yokokawa commented on the relationship between tokenisation and investor protection.
“Tokenisation has the potential to expand access to global capital markets, but it must preserve the investor protections that market participants have come to expect.”
He further explained that the partnership combines modern tokenisation infrastructure with governance capabilities, with the aim of enabling partners to build tokenised investment products within this framework.
(Source: Written statements by Broadridge and Alpaca executives; published: 2026-07-20.)
The Role of Governance in Tokenisation Infrastructure
Tokenised equities use distributed ledger technology for issuance and transfer, but the exercise of shareholder rights continues to depend on established governance infrastructure. The partnership covers the following processes:
Initiation, solicitation and tabulation of proxy votes
Distribution of investor communication materials
Voting entitlement reconciliation to verify holders’ eligibility and voting interests
Regulatory disclosures for traditional and tokenised equities
For Broadridge, the announcement continues its existing expansion into tokenisation. The company previously announced on 12 May 2026 that it had expanded its tokenisation infrastructure to process tokenised and traditional securities on a single integrated platform.
(Source: Broadridge company announcement; integrated tokenisation infrastructure launched: 2026-05-12.)
Questions About Tokenised Securities Governance
What problem does the partnership address?
It equips tokenised equities with the same shareholder governance capabilities as traditional equities, including proxy voting, investor communications, voting entitlement reconciliation and regulatory disclosures. The announcement was issued on 20 July 2026.
What are Broadridge and Alpaca each responsible for?
Broadridge provides the governance capabilities, while Alpaca provides the regulated brokerage infrastructure supporting equity tokenisation, including custody and clearing services for the underlying assets.
How can retail investors participate in voting?
Retail investors can participate in eligible shareholder meetings through ProxyVote.com, where they can exercise their voting rights and complete voting entitlement reconciliation.
Do institutional investors need to establish a separate process?
No. Institutional investors can integrate voting for tokenised equities into their existing governance workflows and reporting systems, including their vote selection procedures.
Does holding tokenised equities affect shareholder rights?
According to the joint announcement, the partnership aims to support tokenised investment products without compromising shareholder rights, regulatory compliance or investor transparency, aligning traditional and tokenised equities across ownership, transparency and operational integrity.
How extensive is Broadridge’s governance platform?
According to the company, the platform already supports investor communications and shareholder engagement for more than 200 million retail and institutional investor accounts worldwide.
Has Broadridge announced any other tokenisation initiatives?
The company previously announced on 12 May 2026 that it had expanded its tokenisation infrastructure to support tokenised and traditional securities operating on a single integrated platform.
