Broadridge鈥檚 DLR platform hits US$280bn in average daily repo transactions
10 September 2025 US
Image: Tenth/stock.adobe.com
Broadridge Financial Solutions has announced that its Distributed Ledger Repo (DLR) platform processed more than US$280 billion in average daily repo transactions during August.
According to the firm, the achievement underscores a significant market adoption and the transformative potential of blockchain technology in capital markets.
Speaking on the data, Horacio Barakat, head of digital innovation at Broadridge, states: 鈥淎s firms continue to embrace technology to drive digital transformation, we鈥檝e innovated alongside our clients to scale DLR into the premier platform for tokenised real assets
鈥淥ur collaboration with Kaiko will help further empower market participants in their evaluation of tokenised securities with the same confidence and rigor as they do traditional assets.鈥�
DLR is an institutional platform used for settling tokenised real assets, and is interoperable within both traditional and blockchain-based market infrastructure.
According to Broadridge, the platform uses tokenisation and smart contracts to accelerate collateral velocity, improve liquidity management, and reduce trade processing costs.
Aggregated platform metrics from Broadridge鈥檚 DLR platform are now distributed through a new Kaiko application, a digital assets market data and information services provider.
The application launched on the Canton Network enables the distribution of market data to subscribers through Kaiko's enterprise 鈥楧ata Off-Ramp鈥� offering.
The service ensures that the data is technically segregated, access-controlled, and auditable at any time by the data owner, in this instance, Broadridge.
Aggregated data includes daily and historical repo par value, repo turnover, and repo trade count.
Ambre Soubiran, CEO of Kaiko, says: 鈥淒elivering this data application marks an important milestone in our Canton Network roadmap.
"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."
According to the firm, the achievement underscores a significant market adoption and the transformative potential of blockchain technology in capital markets.
Speaking on the data, Horacio Barakat, head of digital innovation at Broadridge, states: 鈥淎s firms continue to embrace technology to drive digital transformation, we鈥檝e innovated alongside our clients to scale DLR into the premier platform for tokenised real assets
鈥淥ur collaboration with Kaiko will help further empower market participants in their evaluation of tokenised securities with the same confidence and rigor as they do traditional assets.鈥�
DLR is an institutional platform used for settling tokenised real assets, and is interoperable within both traditional and blockchain-based market infrastructure.
According to Broadridge, the platform uses tokenisation and smart contracts to accelerate collateral velocity, improve liquidity management, and reduce trade processing costs.
Aggregated platform metrics from Broadridge鈥檚 DLR platform are now distributed through a new Kaiko application, a digital assets market data and information services provider.
The application launched on the Canton Network enables the distribution of market data to subscribers through Kaiko's enterprise 鈥楧ata Off-Ramp鈥� offering.
The service ensures that the data is technically segregated, access-controlled, and auditable at any time by the data owner, in this instance, Broadridge.
Aggregated data includes daily and historical repo par value, repo turnover, and repo trade count.
Ambre Soubiran, CEO of Kaiko, says: 鈥淒elivering this data application marks an important milestone in our Canton Network roadmap.
"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."
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