Broadridge Expands $351 Billion-a-Day Tokenised Repo Platform to G7 Securities
Broadridge has announced the expansion of its Distributed Ledger Repo (DLR) platform to include G7 securities, moving beyond its previous focus on tokenized US Treasury collateral. This platform utilizes a permissioned distributed ledger and smart contracts to automate the repo transaction lifecycle, replacing fragmented manual processes with a synchronized, shared workflow. As of August 2026, the DLR platform processed an average of $351 billion in daily repo transactions, totaling $7.4 trillion for the month. By incorporating G7 securities, Broadridge aims to enhance liquidity, capital efficiency, and operational transparency for cross-border and intraday repo activities. The expansion represents a significant step in scaling institutional on-chain repo infrastructure, allowing participants to manage a broader range of collateral across multiple jurisdictions. While the platform has demonstrated substantial volume, specific details regarding the initial G7 markets and eligibility criteria remain undisclosed. This development underscores the growing institutional adoption of blockchain-based solutions to streamline post-trade workflows in global fixed-income markets.
- Broadridge DLR platform expands from US Treasuries to include G7 securities for repo transactions.
- The platform processed $351 billion in average daily repo volume during August 2026.
- DLR uses permissioned distributed ledger technology to enable atomic settlement and automated workflows.
- Expansion aims to improve capital efficiency and liquidity for cross-border and intraday repo activity.
Broadridge's Distributed Ledger Repo (DLR) is a permissioned blockchain platform designed to modernize the repo market by replacing manual, fragmented reconciliation processes. It enables financial institutions to execute, clear, and settle repo transactions in real-time using smart contracts. By creating a single, immutable record of trade, the platform reduces operational risk and enhances collateral mobility for institutional participants.