Broadridge Financial
Solutions reported a sharp rise in activity on its distributed ledger-based
repo platform in April, as volumes continued to expand. The company said its
Distributed Ledger Repo processed an average of $368 billion in daily
transactions during the month, bringing total volumes to nearly $8 trillion.
The daily average was up 268% year on year and rose nearly 4% from March.
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The results come amid Broadridge’s broader
expansion into trading infrastructure and regulatory technology. It
has agreed to acquire CQG, a provider of futures and options trading,
execution management and market connectivity technology.
The company has also launched
a UK regulatory technology platform to help firms prepare for the Financial
Conduct Authority’s Consumer Composite Investments regime, which will replace
PRIIPs templates by June 2027.
Tokenisation Drives Institutional Repo
Growth
The figures point to
continued uptake among institutional users, with Broadridge linking the growth
to increased use of tokenized real-asset settlement and broader adoption of
distributed ledger technology in funding and collateral markets.
Horacio Barakat,
Global Head of Digital Innovation at Broadridge, said DLR is showing that
tokenization can operate at scale within core market infrastructure. He said
the platform is “expanding into new liquidity management use cases” and
“integrating digital and traditional assets within a single framework,” while
maintaining requirements for regulated markets.
$BR Broadridge’s Distributed Ledger Repo Achieves 268% Year Over Year Growth in Aprilhttps://t.co/9D20tC4HnF
— Lycanbull (@Lycanbull) May 4, 2026
Platform Combines On-Chain Off-Chain
Processes
DLR supports
settlement of repo transactions on distributed ledger infrastructure, enabling
intraday and sponsored repo activity and allowing collateral to move in real
time between counterparties. The system combines on-chain and off-chain
processes within existing trading and post-trade environments, aiming to
improve capital efficiency without requiring parallel workflows.
Broadridge also made a
strategic investment in HQLAX in April, a provider of digital collateral
mobility solutions, as part of its effort for collateral management and improve
asset movement across securities finance markets.
This article was written by Tareq Sikder at www.financemagnates.com.
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