Broadridge launches DLX platform integrated with DTCC Tokenization Service via Canton Network for issuing, trading, and settling tokenized assets.
Tech & Launches ·
Broadridge has launched DLX, a platform designed to connect with the DTCC Tokenization Service through Canton Network, enabling continuous issuance, trading, and settlement of tokenized assets. The integration represents a step toward bringing Wall Street's post-trade infrastructure onto blockchain rails, with DTCC positioned as a central bridge between traditional finance clearing systems and onchain market operations.
The Canton Network serves as the technical layer linking Broadridge's platform to DTCC's tokenization capabilities, creating connectivity between a major Wall Street utility and blockchain-based settlement. DTCC's role in safekeeping trillions of dollars in assets and processing quadrillions in annual securities transactions gives the institution significant leverage to move real-world asset infrastructure onchain at institutional scale.
What remains unclear is the scope of assets eligible for tokenization through DLX, the timeline for production deployment, and how the platform will handle regulatory compliance across multi-jurisdictional markets. The announcement does not specify whether connectivity extends to other blockchains or remains limited to Canton's permissioned architecture.