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Broadridge Financial Solutions (NYSE: BR) has announced that its Distributed Ledger Repo (DLR) platform processed an average of $345 billion in daily repo transactions during October, with volumes totalling $7.6 trillion.
According to the company, the total settled volume reflects the continued scale of tokenised securities financing activity as Broadridge expands its digital asset infrastructure through its recently launched DLX platform.
Horacio Barakat, Global Head of Digital Innovation, Broadridge
Horacio Barakat, Global Head of Digital Innovation, Broadridge said:
"DLR has laid the groundwork for the next phase of tokenization, as institutions increasingly shift their focus from exploring initial digital assets use cases to scaling these capabilities across their businesses. In 2027, we anticipate further integration of tokenized assets into everyday financial market operations, helping institutions unlock efficiencies across the asset lifecycle. Through DLR and our broader DLX platform, we're focused on making these capabilities more accessible and practical for financial institutions."
Building on DLR's infrastructure and institutional experience, DLX extends Broadridge's tokenisation capabilities beyond securities financing into a broader range of assets and workflows, spanning issuance, trading, settlement, servicing and distribution.
Broadridge states that, together, DLR and DLX provide financial institutions with the technology and operational controls needed to integrate tokenised assets into existing market operations, linking traditional and digital markets.
DLX is Broadridge's multi-chain digital asset platform, bringing together capabilities across issuance, distribution, trading, financing, settlement, custody and asset servicing. Broadridge is a global technology company providing investing, governance and communications services to the financial services industry.
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