$7.6 Trillion in October: Broadridge’s Distributed Ledger Repo Platform Hits Processing Record
Broadridge Financial Solutions has reported that its Distributed Ledger Repo (DLR) platform processed a record $7.6 trillion in repurchase agreement transactions in October 2026, representing an average daily volume of $345 billion.
The DLR platform uses a distributed ledger to execute and settle repo transactions, which are a form of short-term borrowing where securities serve as collateral.
Broadridge’s global head of digital innovation, Horacio Barakat, stated that earlier blockchain implementations focused on individual use cases, but for tokenized assets to be adopted by banks, broker-dealers, and asset managers, they must be integrated into existing workflows and infrastructure.
Barakat expects to see more institutions do this in 2027.
DLX Platform for Tokenized Assets
The company has also recently unveiled a new platform called DLX that can be used to issue, trade, settle, custody, and service tokenized assets throughout their lifecycles.
It’s worth noting that the $7.6 trillion in repo transactions executed in October is the total notional value of repo transactions during the month. Repo transactions are constantly churning, with new transactions being executed to replace expiring ones.
Data Limitations
This data gives a sense of the level of activity in the securities financing market using Broadridge’s DLR platform but doesn't provide insights into crypto market activity or investor appetite for Bitcoin and Ether.
It also doesn't provide insights into the amount of new capital flowing into crypto.
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