Broadridge DLR July Volume Hits $8T, Up 28% Year-on-Year

Broadridge's Distributed Ledger Repo system cleared $8 trillion in July transactions, averaging $365 billion daily. The 28% YoY surge highlights growing institutional adoption of tokenized collateral for real-time financing.

Woofun AI reports that financial technology firm Broadridge disclosed its Distributed Ledger Repo (DLR) system processed $8 trillion in transactions during July. The platform recorded an average daily volume of $365 billion, marking a 28% increase compared to the same period last year.

DLR allows institutions to settle buyback transactions using distributed ledger technology within current trading and post-trading frameworks. By enabling the circulation of tokenized collateral among counterparties, the system supports efficient real-time financing. This infrastructure assists institutions in improving liquidity management and optimizing capital utilization while maintaining established market workflows.