Broadridge Financial Solutions has been running what might be the most consequential blockchain platform in finance. The company’s Distributed Ledger Repo platform, known as DLR, processed nearly $9 trillion in tokenized repurchase agreement transactions in December 2025. That’s an average daily volume of $384 billion, representing a 490% increase year-over-year.
From $31 billion weekly to $9 trillion monthly
When Broadridge launched the DLR platform in mid-2021, it was processing about $31 billion per week. The platform has since been consistently hitting between $7 trillion and $9 trillion monthly. March 2026 volumes came in at nearly $8 trillion, with an average daily volume of $354 billion. June 2026 totaled $7.5 trillion, carrying an average daily volume of $357 billion.
The platform runs on the Canton Network and has achieved interoperability with JPM Coin, JPMorgan’s digital currency for institutional settlements.
How tokenized repos actually work
