Broadridge's Distributed Ledger Repo platform processed $8T in July, expanding institutional adoption of blockchain for repo markets and tokenized collateral.
RWA & Tokenization ·
Broadridge's Distributed Ledger Repo platform processed $8 trillion in transaction volume during July, according to reporting on the expansion of blockchain into institutional repo markets. The milestone reflects growing institutional adoption of distributed ledger technology for repurchase agreements and tokenized collateral management.
The platform enables financial institutions to conduct repo transactions and collateral operations using blockchain infrastructure, moving settlement and custody functions onto a shared ledger. This approach allows participants to reduce intermediaries and access real-time visibility into collateral positions and transaction history across the network.
It remains unclear whether the July volume represents a peak or part of a sustained growth trend, and the specific composition of assets transacted—whether predominantly traditional securities, tokenized collateral, or both—has not been detailed in available reporting.