Broadridge Repo Blockchain Platform Records Surge in Trading Volumes | LeapRate

Broadridge Financial Solutions revealed Monday that its distributed ledger-based repo platform recorded a sharp rise in trading activity in February, highlighting growing institutional adoption of blockchain-based settlement infrastructure.

The company reported that its Distributed Ledger Repo (DLR) platform processed an average of $362 billion in daily repurchase agreement transactions during the month. 

Total volumes reached $6.9 trillion, representing a 457% increase compared with February 2025.

The platform facilitates the settlement of repo transactions using distributed ledger technology, allowing financial institutions to manage collateral and funding arrangements more efficiently.

Horacio Barakat, global head of digital innovation at Broadridge, said the growth demonstrates increasing demand from financial institutions for scalable digital infrastructure.

“The continued growth of DLR reflects the demand we’re seeing from institutions for scalable digital market infrastructure,” he said.

The expansion comes as digital asset technologies gain traction across capital markets. 

According to Broadridge’s sixth annual Digital Transformation and Next-Gen Technology Study, 54% of firms believe blockchain and distributed ledger technology will create new opportunities across financial markets.

More than half of the respondents also said the technology could significantly change the way financial assets are settled.

Broadridge said it is expanding the DLR platform into additional use cases, including improvements in collateral mobility and potential applications in intraday funding markets.