Ondo and Broadridge collaborate to launch custody based tokenization of US securities in the United States According to Foresight News, Ondo Finance has announced a partnership with Broadridge Financial Solutions (NYSE: BR) to launch the first third-party managed tokenized US securities scheme within the current regulatory framework in the United States. The tokenization targets this time include BlackRock's iShares Core S&P 500 Index ETF (IVV) and Micron Technology (MU) stocks. The related tokens are issued based on the Ethereum blockchain and backed by a regulated custodian institution with a 1:1 underlying stock endorsement. The underlying securities are always retained within the traditional regulated custody chain in the United States. \This scheme follows the third-party custody model described in the tokenized securities statement issued by the US Securities and Exchange Commission (SEC) in January 2026. Broadridge will provide token holders with proxy voting, issuer communication, and regulatory information disclosure services through its (ProxyVote. com) platform, giving them the same shareholder rights and protections as investors holding traditional securities.