Broadridge DLR Processes $8.0 Trillion in July Repo Transactions
Broadridge reported its Distributed Ledger Repo (DLR) processed $8.0 trillion in July, with a daily average of $365 billion, up 28% year over year. The company says its tokenized real-asset settlement platform supports the scale and reliability needed for core financing activity and underpins daily trading of over $18 trillion in tokenized and traditional securities globally, generating billions of communications annually.