Broadridge launches DLX platform after processing $7.5 trillion in September repo activity
Broadridge reported that its Distributed Ledger Repo (DLR) platform settled $7.5 trillion of transactions in September 2026, with an average daily volume of $359 billion. The firm introduced DLX, a new end‑to‑end tokenization and digital‑asset infrastructure that extends capabilities beyond securities financing to issuance, trading, settlement, custody and governance. Horacio Barakat, global head of digital innovation, said the launch builds on DLR’s proven scale to let institutions integrate tokenized assets without separate systems.
Why it matters
Broadridge’s analyst at RBC Capital Markets, Ashish Sabadra, noted that the DLX rollout could strengthen the company’s position as a bridge between traditional and tokenized markets, potentially driving incremental revenue from digital‑asset services. The platform also supports upcoming DTCC tokenization services and regulatory‑approved tokenized‑securities trading, which may accelerate institutional adoption.
Key facts
- 1DLR settled a total of $7.5 trillion in September 2026. prnewswire.com
- 2The average daily DLR volume in September 2026 was $359 billion. prnewswire.com
- 3Broadridge launched DLX, an integrated tokenization and digital‑asset platform, in September 2026. prnewswire.com
- 4Horacio Barakat is Broadridge’s global head of digital innovation. prnewswire.com
- 5Broadridge estimates that a 15% adoption rate of intraday DLR could lower intraday liquidity buffers by 8% to 17%. tradersmagazine.com
- 6DLX will connect to the DTCC Tokenization Service, scheduled to go live in October 2026. tradersmagazine.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.