Broadridge’s Blockchain Repo Platform Hits $8 Trillion in July | LeapRate
Broadridge Financial Solutions said Monday that its Distributed Ledger Repo (DLR) platform processed $8.0 trillion in repo transactions during July 2026. The company’s average daily volume reached $365 billion for the month, marking a 28% jump compared to the same time last year.
Broadridge, listed on the NYSE under BR, is a major player in fintech. The company says the growth shows how more banks and financial firms are turning to blockchain technology to manage their funding and collateral needs.
Horacio Barakat, who leads Global Digital Innovation at Broadridge, said tokenization is now a bigger part of how banks manage cash and collateral. He added that DLR proves distributed ledger technology can handle large scale, stay reliable, and work well with other systems needed for major financing work. He also noted that firms are becoming more comfortable using tokenized systems in their everyday operations.
DLR allows firms to settle repo trades using distributed ledger technology, while still using their normal trading and back office systems. This setup helps banks move tokenized collateral between parties quickly. As a result, firms can manage their cash better, use their capital more wisely, and run smoother operations, all without changing their existing setups.
Broadridge noted that DLR remains a key part of its wider tokenization plans. The company aims to help bring traditional finance and digital markets closer together. Broadridge describes DLR as the world’s largest platform used by institutions for settling tokenized real assets.
