Broadridge Financial Solutions processed over $8 trillion in volume during July 2026 on its Distributed Ledger Repo (DLR) platform, a 28% increase compared to the same month last year. The system averaged $365 billion per day, underscoring the growing role of blockchain technology in core institutional financing.
The DLR platform allows banks, asset managers and other market participants to settle repurchase agreements — repos — using distributed ledger technology, while retaining their existing trading and post-trade workflows. By tokenizing underlying collateral, the system enables near-instant movement of assets between counterparties, improving liquidity, visibility into positions and overall operational efficiency.
“Tokenization is increasingly becoming part of how institutions optimize liquidity and collateral management,” said Horacio Barakat, Broadridge’s global head of digital innovation. “DLR continues to demonstrate that distributed ledger infrastructure can support the scale, reliability and interoperability demanded by core financing activity.”
Beyond repos, Broadridge is expanding its blockchain ecosystem. In May, Galaxy used Broadridge’s onchain governance platform for its annual shareholder meeting and vote. Payward, the parent company of Kraken, also adopted the platform to let tokenized shareholders participate in corporate governance. The dual traction in repo settlement and governance highlights accelerating institutional comfort with production-grade distributed ledger systems.
