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Ondo Finance has added proxy voting for holders of its $700 million tokenized equities, aiming to bring its tokenized stocks and exchange-traded funds (ETFs) closer to the features available for traditional shares held in a brokerage account.
The new proxy voting capability is designed for holders of Ondo’s tokenized equities, allowing them to participate in voting processes associated with the underlying assets.
Ondo said the addition is intended to narrow the gap between tokenized equities and conventional equities, where investors typically exercise voting rights through their brokerage accounts.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
