Broadridge expands tokenized repo platform

Broadridge Financial Solutions has expanded its Distributed Ledger Repo platform globally by bringing G7 securities onto the network. The move provides market participants with an institutional-scale solution for executing international cross-border repo transactions, intraday repo activity, and collateral movements through atomic settlement.

Horacio Barakat, Global Head of Digital Innovation at Broadridge, stated that tokenized financing is already a reality. "Through DLR, they are proven market infrastructure operating at scale today," Barakat said. He added that bringing G7 securities into the network gives the financial industry a practical path to stronger liquidity and lower operational friction.

Platform performance and scope

The DLR platform is already processing significant volumes. In August 2026, it handled an average of $351 billion in daily repo transactions, totaling $7.4 trillion for the month. Thousands of transactions run through the network daily. The platform currently supports tokenized U.S. Treasury collateral for repo and intraday transactions. The inclusion of G7 securities broadens the range of eligible collateral that firms can mobilize.

As a live solution embedded within existing workflows, DLR enables the synchronized movement of tokenized securities and cash. This atomic settlement capability reduces settlement risk and helps firms optimize funding flexibility and the use of high-quality collateral.

Benefits for global markets

The addition of G7 securities marks a major step in tokenizing global markets. DLR now allows participants to execute cross-border repo and collateral movements in a single, coordinated transaction. This synchronization lets market participants access liquidity and finance eligible securities across different markets, currencies, and jurisdictions.

The result is a stronger solution for processing repo activity. Benefits include faster settlement, improved visibility into collateral positions, and reduced operational burden. Participants gain greater flexibility to deploy financial resources where needed. As the network expands, they can access increased collateral utility and liquidity while maintaining institutional-grade controls.

Market data transparency

DLR market activity is becoming more visible to the wider financial industry. Aggregated data on repo par value, turnover, and trade count is available to Bloomberg Terminal subscribers. This data is provided through Broadridge's collaboration with the data firm Kaiko. It offers subscribers greater transparency into institutional on-chain repo activity alongside established fixed-income market data.

The platform's core capabilities are designed for institutional use. It provides an institutional-grade network for cross-border and intraday repo activity. Its atomic settlement synchronizes securities delivery and payment. The system aims for more efficient intraday liquidity management and expanded collateral utility through the movement of G7 securities. It also seeks to reduce the operational complexity and settlement risk inherent in traditional cross-border workflows. These tokenized capabilities are delivered through familiar institutional trading and post-trade processes.