Broadridge’s DLR platform reaches US$362 billion ADV for February

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Broadridge Financial Solutions’ Distributed Ledger Repo (DLR) platform processed an average daily trade volume of US$362 billion for repo transactions in February, totaling US$6.9 trillion. This represents a 457% year-on-year increase, signaling growing institutional adoption of tokenised real asset settlement and distributed ledger technology in modernising repo and collateral markets. Horacio Barakat, global head of digital innovation at Broadridge, highlights the demand for scalable digital market infrastructure and plans for DLR’s expansion into new use cases and intraday funding.

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