Core Insights - Broadridge Financial Solutions reported a significant increase in its Distributed Ledger Repo (DLR) platform, processing an average of $384 billion in daily repo transactions in December 2025, marking a 490% year-over-year increase and a 4% increase from November 2025 [1][2] Group 1: Company Performance - The DLR platform's total transaction volume reached nearly $9 trillion in December 2025, indicating strong institutional adoption of tokenized real-asset settlement [1] - Broadridge's technology and operations platforms facilitate over 7 billion communications annually and support daily trading of over $15 trillion in various securities globally [4] Group 2: Industry Trends - The DLR platform has transitioned from early adoption to becoming the largest institutional platform for settling tokenized real assets, with expectations for continued growth in participants, use cases, and transaction volumes in 2026 [2] - The industry is focusing on improving repo processing, collateral mobility, and reducing operational friction to meet the demands of modern capital markets, with a shift towards trusted platforms that can operate at scale [2]

Morgan Stanley has a New Year’s Resolution that can go right on a ledger … a distributed ledger, that is. The bank is the latest to prep bitcoin and Solana exchange-traded products, filing trusts on Tuesday. Those would mark its first step into the digital-asset product realm, a booming category in which it previously avoided direct participation, though it has allowed its more than 14,000 advisors to offer products from other asset managers. The forthcoming ETPs may enable Morgan Stanley “to consolidat ...

A few noteworthy financial and corporate updates have unfolded at ePlus inc. ( PLUS ) since I initiated coverage on PLUS back in August, with a Strong Buy rating. ePlus has been a quiet mid-cap nameMandela has been a cryptocurrency enthusiast and trader since 2017. He loves coding and writing about cryptocurrencies and crypto investment strategies. He has an in-depth understanding of distributed ledger technology, the Web3 technology stack, and crypto investing. He enjoys researching and analyzing cryptocur ...

LATEST: 🏦 Qatar-based Doha Bank has completed a $150 million digital bond using Euroclear's regulated distributed ledger infrastructure, achieving T+0 instant settlement. https://t.co/Vcz6iwPLPm ...

Doha Bank has completed its first digitally native US dollar bond, issuing $150 million in floating-rate notes that settled instantly using distributed ledger technology. Key Takeaways: Doha Bank completed a $150 million digital bond with instant T+0 settlement. Standard Chartered led the deal using Euroclear’s regulated DLT platform. The issuance highlights growing adoption of digital bonds in the Gulf. The notes were listed on the London Stock Exchange’s International Securities Market and achi ...

The machinery that powers US markets is about to go onchain. The Depository Trust & Clearing Corporation said on Thursday that it received a no-action letter from the US financial watchdog, paving the way for tokenisation for real-world assets. According to the Securities and Exchange Commission’s letter, the DTCC can now issue blockchain-based representations of highly liquid assets, including Russell 1000 stocks, exchange-traded funds, treasury bills, notes, and bonds. The digital versions will carry ...

Core Insights - Robinhood Markets, Inc. (HOOD) experienced a year-over-year increase in equity and options Daily Average Revenue Trades (DARTs) in November 2025, with equity DARTs at 2.7 million (up 8%) and options DARTs at 1.3 million (up 30%), while crypto DARTs declined 40% to 0.6 million [1] Group 1: Financial Performance - In November 2025, total platform assets reached $324.5 billion, a 67% increase year over year [6] - Net deposits (excluding TradePMR) were $7.1 billion, up 27% [6] - Funded customers totaled 26.9 million, an 8% increase from November 2024 [6] - Equity notional trading volumes were $201.5 billion, up 37% year over year, while options contracts traded increased 24% to 193.2 million [7] - Margin balances surged 147% year over year to $16.8 billion [8] - Total cash sweep balance was $32.5 billion, up 23% from November 2024 [8] - Total securities lending revenues grew 48% year over year to $34 million [8] Group 2: Product Innovation and Market Strategy - Robinhood is focusing on becoming a leader in the active trader market by diversifying its offerings and expanding into lucrative businesses [2] - The company has launched new products such as Cortex, an AI assistant for market analysis, and Legend, which includes advanced trading tools [3] - Robinhood Social introduces features like verified trading profiles and strategy sharing, allowing users to open multiple accounts for different strategies [4] - The company is also offering tokenized U.S. stocks and ETFs across 31 EU/EEA countries with 24/5 commission-free trading [4] - Rapid product innovation is expected to continue expanding Robinhood's client base, with transaction-based revenues showing a five-year compound annual growth rate (CAGR) of 36.7% [5] Group 3: Competitive Landscape - Key competitors like Interactive Brokers (IBKR) and Tradeweb Markets Inc. (TW) are also enhancing their product offerings to challenge Robinhood's market share [9] - Interactive Brokers has introduced features such as the Karta Visa card and zero-commission U.S. stock trading in Singapore [10][11] - Tradeweb is focusing on the electronification of bond markets and investing in blockchain technology [12] Group 4: Valuation and Earnings Estimates - Robinhood shares have surged 83% over the past six months, compared to the industry's 21.6% growth [13] - The company is trading at a significant premium with a 12-month trailing price-to-tangible book of 15.55X compared to the industry average of 3.07X [14] - The Zacks Consensus Estimate for Robinhood's earnings implies year-over-year growth of 78.9% for 2025 and 16.2% for 2026, with upward revisions in estimates [16]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The Bank of England unveiled comprehensive regulations on Nov. 11 that could make the U.K. a global hub for digital assets—or drive major stablecoin issuers straight to America’s more lenient shores. The proposals introduce strict reserve requirements for “systemic” stablecoins, with issuers forced to park 40% of their backing in non-interest-bearing accounts at the BoE and another 60% in U.K. government b ...

Amundi, one of the largest asset managers in Europe, has issued a tokenized share class of its flagship euro cash fund, in an effort to bring more products onto distributed ledgers, the company announced on Thursday. The Amundi Funds Cash EUR fund now trades in a hybrid setup. Investors can purchase the traditional share class with cash or hold a tokenized version on Ethereum (ETH). The first transaction was settled on Nov. 4, the statement said. Amundi developed the product in collaboration with CACEIS, ...

Core Insights - Securitize has received full regulatory authorization from Spain's CNMV to operate the EU's first blockchain-based Trading and Settlement System, utilizing Avalanche as the underlying infrastructure [1][3] - This positions Securitize as the only company globally licensed to run a regulated digital securities infrastructure across both the U.S. and the EU, facilitating a direct connection between the two largest capital markets [1][6] Regulatory Milestone - The approval follows four years of regulatory collaboration with CNMV, ESMA, Bank of Spain, and the European Central Bank [2] - Securitize's first issuance under the EU TSS framework on Avalanche is anticipated in early 2026 [2] Digital Market Framework - The approved framework integrates the functions of a Multilateral Trading Facility and a Central Securities Depository into a single digital platform, allowing seamless trading and settlement of tokenized stocks and bonds across all 27 EU member states [4] - Securitize Europe Brokerage and Markets, SV SA, obtained its Investment Firm license in December 2024, which covers order execution, custody, transfer-agent services, and market infrastructure operation [4] Licensing and Market Reach - The Investment Firm license has been passported across major EU jurisdictions, including Germany, France, Italy, Luxembourg, and the Netherlands [5] - The authorization grants Securitize ERIR status in Spain, enabling end-to-end management and servicing of tokenized assets throughout their lifecycle [5] Strategic Positioning - Securitize's CEO emphasized that tokenizing assets will eliminate historical barriers that fragmented global capital markets [5] - The unique licensing allows Securitize to connect issuers and investors across the U.S. and EU financial markets [6] Infrastructure Selection - Avalanche was chosen for its institutional-grade performance, offering sub-second finality and the ability to deploy purpose-built blockchains tailored to regulatory requirements [6] - This architecture provides predictable settlement times and compliance frameworks essential for regulated trading venues, addressing concerns about blockchain performance in traditional finance [7]