Volumes on Broadridge’s Distributed Ledger Repo (DLR) platform jumped from US$1 trillion to US$5.9 trillion between August 2024 and 2025, a 490% year-on-year increase.
DLR facilitates the settlement of tokenised real assets, a process which Broadridge says improves liquidity management, reduces trade processing costs and risks, and speeds up the collateral process.
A tokenised version of a specific collateral is represented in an issuer’s wallet. When terms of a repo trade are agreed on, a smart contract is created giving the party on the other side of the transaction the rights to the collateral.
The platform works in both traditional and blockchain-based market infrastructure.
Aggregated platform metrics are now available through market data and information services provider Kaiko, part of the Canton Network. This August, an average US$280 billion of repo transactions were processed daily through DLR.
Kaiko CEO Ambre Soubiran observed, “By connecting Broadridge’s repo data to subscribers like, we’re demonstrating the practical value of creating bridges between on-chain and off-chain data ecosystems.”
©Markets Media Europe 2025
