Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, today announced its Distributed Ledger Repo (DLR) platform processed more than $280 billion in average daily repo transactions during the month of August ($5.9T), underscoring significant market adoption and the transformative potential of blockchain technology in capital markets. This innovative use of DLT is unlocking liquidity, creating efficiencies and optimizing opportunities for clients and the industry.
“As firms continue to embrace technology to drive digital transformation, we’ve innovated alongside our clients to scale DLR into the premier platform for tokenized real assets,” said Horacio Barakat, Head of Digital Innovation at Broadridge. “Our collaboration with Kaiko will help further empower market participants in their evaluation of tokenized securities with the same confidence and rigor as they do traditional assets.”
Broadridge’s DLR platform is the world’s largest institutional platform for settling tokenized real assets, setting a new standard for efficiency and innovation in the global repo market. As the industry’s leading distributed ledger solution, DLR harnesses the transformative power of tokenization and smart contracts to accelerate collateral velocity, improve liquidity management, and reduce trade processing costs. DLR is interoperable within both traditional and blockchain-based market infrastructure.
Aggregated platform metrics from Broadridge’s DLR platform are now distributed through a new Kaiko application, the leading digital assets market data and information services provider. The application launched on the Canton Network enables the distribution of market data to subscribers like RWA.xyz and other platforms through Kaiko's enterprise “Data Off-Ramp” offering. The service ensures that the data is technically segregated, access-controlled, and auditable at any time by the data owner, in this case Broadridge. All processing is conducted under SOC 2 standards, providing the compliance and governance assurances required for institutional adoption of on-chain financial data. Aggregated data includes daily and historical repo par value, repo turnover, and repo trade count. Broadridge will also post a monthly subset of the data on its website.
"Delivering this data application marks an important milestone in our Canton Network roadmap," said Ambre Soubiran, CEO of Kaiko. "By connecting Broadridge's repo data to subscribers like RWA.xyz, we're demonstrating the practical value of creating bridges between on-chain and off-chain data ecosystems."
As innovation and market shifts accelerate the adoption of tokenization, institutions are increasingly turning to trusted infrastructure and data providers to support this transformation. Broadridge is committed to unlocking new opportunities across global capital markets as the industry moves toward bridging traditional and digital financial ecosystems. Please visit Broadridge’s DLR platform for more information.
Please visit the dashboard on RWA.xyz here.
