Broadridge Expands Tokenization to Multiple Asset Classes in Market Infrastructure Push

Broadridge Financial Solutions has expanded its tokenization capabilities to handle multiple asset classes. The move aims to modernise market infrastructure for institutions. Its Distributed Ledger Repo (DLR) platform now supports the full lifecycle of tokenized securities. In May 2023, DLR processed an average of $362 billion in daily repo transactions. The total volume for the month reached $7.2 trillion, a 220% increase compared to the previous year. The platform is the world’s largest for settling tokenized real assets.

The expansion allows Broadridge to manage issuance, trading, settlement, and servicing of tokenized assets within one framework. Horacio Barakat, Global Head of Digital Innovation, linked the growth to a broader industry shift. Institutions are increasingly adopting tokenized settlement to update core market systems.

DLR offers a scalable solution for liquidity management through tokenized settlement. It enables efficient movement of tokenized securities while keeping existing market workflows intact. The system also improves liquidity efficiency and collateral mobility without adding operational complexity. The platform’s growth reflects rising demand for tokenization in financial services. Broadridge’s integrated framework now covers more asset classes. This development supports institutions in modernising their market infrastructure.