Overview
- Broadridge reported that its Distributed Ledger Repo handled $8.0 trillion of repo transactions in July with a $365 billion average daily volume.
- DLR lets institutions settle repurchase agreements on distributed ledger technology and move tokenized collateral while keeping existing trading and post‑trade workflows.
- Broadridge is extending the same ledger infrastructure into tokenized securities, on‑chain shareholder voting, custody and post‑trade services and has made DLR market data available on the Bloomberg Terminal.
- The platform has sustained daily volumes above $350 billion through 2026 and Broadridge said the July daily average was up roughly 28% year over year, signaling growing institutional use of tokenized financing.
- Other market utilities and banks are running tests and limited rollouts of tokenization, which could shorten settlement times, lower intraday liquidity buffers and reduce reconciliation work for firms that adopt on‑chain collateral movement.