Broadridge Turns Tokenisation Complexity Into a Growth Engine

Broadridge Financial Solutions reported fiscal year 2026 results showing 8% recurring revenue growth and 12% adjusted earnings-per-share growth, with the company attributing part of that momentum to its expanding role in the tokenised securities ecosystem. Chief executive Tim Gokey told analysts that the proliferation of tokenisation models is creating fresh operational burdens for issuers and intermediaries, and that Broadridge sees itself as uniquely positioned to absorb that complexity on clients’ behalf.

The specific area of expansion is governance and proxy voting, where Broadridge now supports all three tokenised equity structures in use: synthetic issuances (offshore structured notes), custodial models, and natively issued digital securities. Previously disclosed arrangements with Ondo Finance, covering synthetic voting, and with Galaxy Digital, covering on-chain native voting, have been joined by a new agreement with Alpaca Securities, through which Broadridge will provide governance and shareholder communications across Alpaca’s custody network.

Investor communications account for roughly three quarters of Broadridge’s revenues, which means the governance layer of tokenised markets sits squarely in the firm’s core franchise. Alpaca Securities is described as a go-to provider for crypto-native firms pursuing synthetic and custodial issuances, making that relationship a meaningful signal of where activity is concentrating. The likelier read is that as tokenised equity issuance scales, the communications and proxy infrastructure underpinning it becomes a durable revenue line rather than a transitional service.