NEW YORK – November 06, 2026 -- Broadridge's Distributed Ledger Repo (DLR) processed an average of $345 billion in daily repo transactions in October, with total volumes reaching $7.6 trillion, the company said.
Broadridge extends tokenization beyond repo with the DLX platform
The October volumes reflect the scale of tokenized securities financing as Broadridge (NYSE: BR) expands its digital asset infrastructure through the recently launched DLX platform. DLX takes the company's tokenization capabilities beyond securities financing into a wider range of assets and workflows, covering issuance, trading, settlement, servicing and distribution.
DLX is a multi-chain platform. It also covers financing, custody and asset servicing, and builds on DLR's production experience. Broadridge describes DLR as the world's largest institutional platform for settling tokenized real assets.
Institutions move from pilots to scaled deployment, says Broadridge's Barakat
Horacio Barakat, Global Head of Digital Innovation at Broadridge, said institutions are shifting from exploring initial digital asset use cases to scaling them across their businesses. He said Broadridge expects further integration of tokenized assets into everyday financial market operations in 2027.
Broadridge says DLR and DLX together give financial institutions the technology and operational controls to integrate tokenized assets into existing market operations. The company says this helps bridge traditional and digital markets while reducing complexity.
Governance layer targets tokenized equities across issuer-sponsored and third-party models
Broadridge is also building a governance layer for tokenized equities. Through proxy voting, investor communications, disclosures and corporate actions, the company aims to help investors exercise ownership rights across tokenized and traditional holdings. This includes issuer-sponsored and third-party tokenization models.
Through its platform and partner ecosystem, Broadridge targets issuers, banks, broker-dealers, asset managers and wealth firms. They can bring tokenized investments to market and mobilize collateral through existing systems and workflows. Broadridge's platforms underpin daily average trading of more than $18 trillion in tokenized and traditional securities globally.