Dexalot Reaches 400M Transaction Milestone on Avalanche L1

Broadridge is rolling out tokenized shareholder voting on Avalanche, with Galaxy Digital leading the first implementation. **Key Details:** - Investors can vote directly from their wallets - Votes are recorded onchain for transparency - Galaxy Digital will conduct a live shareholder vote using this system This marks a practical application of blockchain technology in traditional finance, bringing corporate governance onchain. The system aims to streamline the voting process while maintaining verifiable records. [Read full article](https://stocktwits.com/news-articles/markets/equity/broadridge-rolls-out-tokenized-shareholder-voting-on-avalanche-galaxy-to-lead-first-use-case/cZJ4NI4RIY4)

**Broadridge**, a Fortune 500 fintech company that processes trillions in transactions for thousands of public companies, is launching proxy voting on blockchain using an Avalanche L1. **Key Details:** - Built on an Avalanche L1 and powered by [AvaCloud](https://www.avacloud.io/) - Enables modernization of shareholder voting as equities move to blockchain infrastructure - Allows Broadridge to adopt blockchain technology without becoming blockchain experts or overhauling existing systems - Will power shareholder governance globally This marks another significant Fortune 500 adoption of Avalanche's infrastructure for traditional finance operations.

**Broadridge**, a Fortune 500 fintech company processing trillions in transactions for thousands of public companies, is launching **proxy voting on Avalanche's blockchain**. **Key Details:** - Shareholder governance involves regulated, high-stakes operations requiring secure infrastructure - Avalanche provides a dedicated environment with controlled participant access - The network ensures appropriate data handling and reliable operations - This marks another major Fortune 500 adoption of Avalanche technology The move brings **traditional shareholder governance** into the blockchain era, leveraging Avalanche's infrastructure to manage voting processes that impact global corporate decision-making.

Avalanche demonstrated continued development activity throughout March with over 40 ecosystem updates spanning infrastructure, partnerships, and applications. **Key Institutional Developments:** - Grayscale's AVAX ETF ($GAVA) listed on Nasdaq - Ava Labs joined Mastercard's Crypto Partner Program - KB Kookmin Card building stablecoin payment system on dedicated Avalanche L1 - SEC referenced $AVAX as example of digital commodity in CFTC release **Infrastructure Progress:** - Avalanche recorded lowest average transaction fees among major chains in March - C-Chain gas target reached 4M and continues rising - PyVax introduced native Python smart contract development - Core app launched Unified Swaps for simplified bridging **Ecosystem Activity:** - Build Games concluded with prizes to Meridian Protocol, Forg3t Protocol, and The Grotto L1 - Retro9000 C-Chain Round 2 opened with 10x points multiplier - Avalanche Summit scheduled for September 16-17 in New York City - Animoca Brands partnership signed to accelerate ecosystem growth **Applications & Gaming:** - FIFA World Cup 2026 tickets available through Right-to-Tickets on FIFA Collect - The Arena released iOS mobile app - Multiple DeFi protocols launched including Silo Finance v3, prediction markets, and chess wagering platform The ecosystem saw continued builder activity across gaming, DeFi, infrastructure, and real-world asset tokenization.

Avalanche Foundation has announced significant multipliers for its latest funding round: - **10x multiplier** for Build Games projects that have reached Stage 2 - **5x multiplier** for projects joining the Avalanche ecosystem for the first time This initiative builds on previous bonus programs for new applications and Build Games participants. The multipliers aim to incentivize both established projects advancing through development stages and fresh projects entering the ecosystem. [Learn more about the program](https://x.com/AvalancheFDN/status/2039356430705410160)