Broadridge Financial Solutions announced a sharp rise in activity on its Distributed Ledger Repo (DLR) platform during October, marking a new milestone for the fintech firm’s blockchain-based settlement system. The company reported that average daily trade volumes reached $385 billion for the month, reflecting a staggering 492 percent growth compared to the same period last year. The surge underscores the accelerating institutional adoption of tokenized settlement technology within global capital markets.
The firm noted that October’s volume represented a 13 percent increase over September’s total of $339 billion, suggesting that financial institutions are increasingly embracing distributed ledger solutions for repurchase agreement (repo) transactions. Broadridge emphasized that the growth validates its position as a leader in developing blockchain-based settlement platforms tailored to institutional finance.
Broadridge’s Distributed Ledger Repo platform, regarded as the largest institutional network for settling tokenized real-world assets, has been gaining traction among major market participants. The system enables real-time settlement of repo transactions—short-term borrowing agreements commonly used by banks, hedge funds, and other financial entities to manage liquidity. By shifting these operations to a distributed ledger, the company believes it is enhancing liquidity management and reducing operational friction across the financial ecosystem.
The fintech provider highlighted that the technology’s efficiency stems from its ability to deliver near-instantaneous trade confirmation and settlement, minimizing counterparty risks and streamlining back-office processes. The adoption of such systems, it explained, reflects a broader industry shift toward digitization and automation in post-trade infrastructure.
In a recently released white paper, Broadridge observed that more than 80 percent of early adopters recognized tokenization’s potential to improve transparency, enhance data accuracy, and foster deeper investor participation. The findings indicate that institutions are beginning to see blockchain technology not merely as an innovation tool but as a core component of future financial infrastructure.
The company described tokenization as a driving force that is reshaping global market structures and redefining how assets are created, traded, and managed. Broadridge indicated that its ongoing initiatives are focused on enabling seamless digital asset trading through its global platforms, as part of a strategy to bridge traditional finance with decentralized ledger technologies.
In addition, the firm reaffirmed its commitment to continued investment in blockchain and other digital technologies that support what it characterizes as a digital-first financial ecosystem. These investments, according to Broadridge, are aimed at expanding its leadership in tokenized trading infrastructure while ensuring that market participants can benefit from improved operational efficiency and reduced settlement times.
Industry analysts view Broadridge’s success as a strong indicator of blockchain’s growing maturity within institutional finance. The company’s performance in October not only demonstrates the scalability of distributed ledger technology but also highlights the industry’s readiness to adopt tokenized systems for high-volume transactions. As financial institutions continue to pursue greater transparency and automation, platforms like DLR are expected to play a pivotal role in shaping the next generation of capital markets infrastructure.
Broadridge’s record-breaking figures underscore its progress in redefining settlement processes for the digital era. By combining blockchain’s transparency with automation capabilities, the firm is positioning itself at the forefront of the transition toward a more efficient, resilient, and technology-driven global financial system.