Search results for Broadridge
Mobility
U.S. SEC approves Tesla retail shareholder auto-voting, could it affect a SpaceX merger
Tesla has won U.S. Securities and Exchange Commission approval for a program that automatically casts participating retail shareholders’ votes in line with board recommendations. Participants can apply it to all items or exclude contested director elections and M&A matters, and can change votes on specific items or cancel for free. Tesla cited low retail voting turnout. The approval comes as Elon Musk has hinted at a Tesla-SpaceX combination, which would require a shareholder vote.
Crypto
Ondo Finance adds shareholder voting rights to tokenised stocks and ETFs
Ondo Finance has added shareholder voting rights for tokenised stocks and exchange-traded funds, seeking to address a gap in shareholder rights for blockchain-based securities. Cointelegraph reported the company is working with financial infrastructure firm Broadridge to offer more than 250 holders of tokenised securities access to proxy voting, corporate disclosures and other shareholder documents. The feature will be applied with Ondo’s first U.S. custodial tokenised securities launch.
Crypto
Bitwise lists BWCC Canton Network ETP on Germany\'s Xetra to broaden institutional access
Bitwise Europe listed an exchange-traded product linked to Canton Network’s native token CC on Deutsche Boerse’s Xetra in Germany. The product, Bitwise Canton ETP with ticker BWCC, tracks Kaiko’s CANTO Reference Rate LDNLF index and charges an annual fee of 0.85 percent. The CC tokens are held by the issuer and kept in cold storage with 100 percent collateral, allowing trading through standard brokerage accounts without a crypto wallet.
