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Broadridge Repo Platform Hits $7.5 Trillion in Monthly Volume

A 68% surge in year-over-year activity saw Broadridge Financial Solutions process $357 billion in average daily repo transactions throughout June. The Distributed Ledger Repo platform reached a total monthly volume of $7.5 trillion, signaling a shift as major institutions integrate tokenized settlement into their standard daily market operations.

Broadridge Repo Platform Hits $7.5 Trillion in Monthly Volume

The platform, which allows firms to settle repo transactions using distributed ledger technology without abandoning existing workflows, is increasingly viewed as a viable alternative to traditional infrastructure. Horacio Barakat, Global Head of Digital Innovation at Broadridge, noted that institutional users have moved past the evaluation phase, now relying on the system for the scale and resiliency required by modern capital markets.

To further integrate this activity into mainstream financial observation, Broadridge has partnered with Kaiko to stream aggregated DLR market data directly to Bloomberg Terminal subscribers. This feed provides visibility into repo par value, turnover, and trade counts, bridging the gap between on-chain activity and established fixed-income data sets. As Broadridge continues to expand its tokenization strategy, the DLR platform stands as a central component of its effort to unify traditional and digital asset servicing across multiple global markets.

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