Distributed Ledger Repo (DLR) platform
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Broadridge's Distributed Ledger Repo Platform Processes $339 Billion in Average Daily Trade Volumes in September
Prnewswire· 2025-10-13 06:00
Core Insights - Broadridge Financial Solutions, Inc. reported a significant increase in activity on its Distributed Ledger Repo (DLR) platform, processing an average of $339 billion in daily repo transactions in September 2025, marking a 21% increase from August's $280 billion [1] - The year-over-year growth is remarkable at 650%, indicating a rapid adoption of tokenized settlement in the financial industry [1] Company Performance - The DLR platform's performance reflects Broadridge's leadership in the fintech sector, showcasing its ability to handle large volumes of transactions efficiently [1] - The substantial increase in daily repo transactions suggests that Broadridge is well-positioned to capitalize on the growing trend of tokenization in financial settlements [1] Industry Trends - The rapid growth in tokenized real-asset settlement highlights a broader trend within the financial services industry towards digital transformation and innovation [1] - The significant year-over-year increase in repo transaction volumes indicates a shift in market practices, with more participants likely adopting blockchain and distributed ledger technologies [1]
$280 Billion in Average Daily Processed Trade Volumes on Broadridge Distributed Ledger Repo Platform
Prnewswire· 2025-09-10 11:00
Core Insights - Broadridge Financial Solutions has reported significant market adoption of its Distributed Ledger Repo (DLR) platform, processing over $280 billion in average daily repo transactions in August, totaling $5.9 trillion for the month, highlighting the transformative potential of blockchain technology in capital markets [1][2] - The DLR platform is recognized as the world's largest institutional platform for settling tokenized real assets, enhancing efficiency and innovation in the global repo market [2] - Broadridge's collaboration with Kaiko aims to empower market participants in evaluating tokenized securities with the same confidence as traditional assets, indicating a shift towards digital transformation in finance [2][4] Company Overview - Broadridge Financial Solutions operates as a global technology leader, processing over 7 billion communications annually and supporting daily average trading of over $15 trillion in various securities [6] - The company employs over 15,000 associates across 21 countries and is part of the S&P 500 Index, showcasing its significant presence in the financial services industry [6] Industry Context - The DLR platform utilizes tokenization and smart contracts to improve collateral velocity, liquidity management, and reduce trade processing costs, indicating a trend towards more efficient financial operations [2] - The Canton Network, which supports Broadridge's DLR platform, is designed for institutional finance, combining privacy, compliance, and scalability, thus facilitating secure synchronization and settlement across multiple asset classes [8] - As institutions increasingly adopt tokenization, there is a growing demand for trusted infrastructure and data providers to support this transformation in capital markets [4]