Broadridge says its DLR platform processed $7.5tn in repo transactions in June 2026, highlighting growing institutional use of tokenised collateral and distributed ledger settlement.
Broadridge Disclosed on 2026-07-07: DLR Platform Processed $7.5 Trillion in Repo Transactions in June
Financial technology company Broadridge Financial Solutions (NYSE: BR) announced on 2026-07-07 that its distributed ledger repo platformDLRprocessed a total of $7.5 trillion in repo transactions in June 2026, with average daily volume of $357 billion for the month, representing a 68% year-on-year increase in average daily volume.(Source: Broadridge, PR Newswire press release, published: 2026-07-07.) The company said this growth reflects the continued evolution of tokenised market infrastructure and the expanding role of distributed ledger technology in modernising financing and collateral markets. The data indicates that tokenised collateral and settlement infrastructure are moving from the pilot stage into institutions’ day-to-day financing operations, particularly in the global repo market, one of the largest sources of short-term liquidity.
Core Data: Average Daily Volume of $357 Billion, Up 68% Year on Year
According to Broadridge, the DLR platform enables financial institutions to settle repo agreement transactions using distributed ledger technology while maintaining integration with existing trading and post-trade infrastructure. The platform tokenises securities used as collateral while remaining compatible with established market workflows, allowing institutions to improve settlement efficiency without changing existing operating processes. The key figures announced this time are shown in the table below:
| Metric | Value | Statistical Basis | Time |
|---|---|---|---|
| Total repo transaction volume | $7.5 trillion | Monthly cumulative total | June 2026 |
| Average daily volume | $357 billion | Daily average during the month | June 2026 |
| Year-on-year growth in average daily volume | 68% | Compared with the same month of the previous year | June 2025 as the base period |
| Daily tokenised transaction volume | Approximately $365 billion | Platform-wide | Recent level |
Institutional Positioning: Focus on Funding and Collateral Efficiency
Repo agreements are one of the key mechanisms used by banks, dealers and institutional investors to finance securities inventories and manage liquidity. Broadridge said DLR enables institutions to settle repo transactions using tokenised securities, with its value mainly reflected in the following areas:
improving capital utilisation;
increasing funding flexibility;
simplifying collateral management.
The company emphasised that the platform does not replace existing trading systems, but operates alongside established market infrastructure, enabling institutions to adopt tokenised settlement without changing front-office workflows. Commenting on the stage of development of tokenised finance, Horacio Barakat, Global Head of Digital Innovation at Broadridge, said:
“With the emergence of DLR, we are seeing tokenised finance enter a new stage of maturity. Institutions are no longer merely evaluating distributed ledger technology, but are incorporating it into day-to-day market activities. This shift reflects growing confidence that tokenised settlement can meet the scale, resilience and performance required by today’s capital markets.”
Data Distribution: Bloomberg Terminal Users Can Access DLR Market Data
In addition to transaction volume data, Broadridge announced that, through its partnership with digital asset market data provider Kaiko, Bloomberg Terminal users can now access aggregated DLR market data. According to Kaiko, the data is distributed through its Data Off-Ramp infrastructure.(Source: Kaiko official announcement, published: 2026-07.) The new data product includes three categories:
DLR repo par value;
turnover statistics;
trade count data.
The information will be presented alongside Bloomberg’s existing fixed income market data, allowing institutional investors to gain a clearer view of activity in the tokenised repo market. The move is seen as another step towards incorporating digital asset infrastructure into mainstream institutional market data services.
Strategic Background: Covering the Full Lifecycle of Tokenised Securities
According to Broadridge, DLR is a core component of its broader strategy to build full-lifecycle infrastructure for tokenised securities. Its capabilities have expanded from settlement to issuance, trading, financing and servicing, governance and other areas, covering multiple asset classes. The company said DLR is currently the world’s largest institutional settlement platform for tokenised real-world assets, processing approximately $365 billion in tokenised transactions each day.(Source: Broadridge, DLR platform profile.) Previously, Broadridge partnered with Ondo Finance to enable proxy voting and shareholder communications for tokenised US securities, supporting one of the first real-time, custodied tokenised securities models operating within the existing US regulatory framework. Together, these initiatives reflect the company’s efforts to connect traditional capital markets infrastructure with blockchain-based financial products while retaining existing investor protection and regulatory processes.
Questions About Broadridge DLR Platform
How much repo transaction volume did DLR process in June 2026?
According to Broadridge’s disclosure on 2026-07-07, the DLR platform processed a total of $7.5 trillion in repo transactions during the month, with average daily volume of $357 billion and a 68% year-on-year increase in average daily volume.
What is the DLR platform used for?
It is Broadridge’s distributed ledger repo platform, enabling financial institutions to settle repo agreement transactions using distributed ledger technology while remaining integrated with existing trading and post-trade infrastructure, with the aim of improving capital utilisation and collateral management efficiency.
What DLR data can Bloomberg Terminal users now view?
Through the partnership between Broadridge and Kaiko, Bloomberg Terminal users can access aggregated DLR repo par value, turnover statistics and trade count data, presented alongside existing fixed income market data.
What is the daily scale of tokenised transactions processed by DLR?
Broadridge said DLR is the world’s largest institutional settlement platform for tokenised real-world assets, processing approximately $365 billion in tokenised transactions each day. The June repo transaction volume forms part of this broader operating base.
How does DLR relate to Broadridge’s broader tokenisation strategy?
DLR is a core component of that strategy. Its capabilities have expanded from settlement to issuance, trading, financing, servicing and governance across multiple asset classes. The company has also partnered with Ondo Finance to enable features such as proxy voting for tokenised US securities.