Broadridge Distributed Ledger Repo Volume Surges 392% in March | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
Broadridge Financial Solutions has reported a surge in activity on its Distributed Ledger Repo platform, with the financial technology firm processing an average of $354 billion in daily repo transactions during March.
The rise brings total monthly volumes to nearly $8 trillion and representing a 392 percent increase compared with the same month a year earlier.
The figures underline the accelerating institutional adoption of tokenised settlement infrastructure, with Broadridge’s DLR platform now established as the world’s largest for settling tokenised real assets.
The company said the growth reflects both an expanding participant base and a broadening range of use cases for distributed ledger technology within capital markets.
“As use cases, participants, and volumes expand, DLR is playing a leading role in the future of repo and capital markets,” stated Horacio Barakat, Global Head of Digital Innovation at Broadridge.
“Broadridge is committed to extending its capabilities across digital trading, collateral, and settlement ecosystems to reduce operational friction and improve margins for participants.”
