Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that its Distributed Ledger Repo (DLR) platform processed an average of $354 billion in daily repo transactions during March, with volumes totaling nearly $8 trillion.

The daily average is a 392% increase year-over-year, building on the robust institutional adoption of tokenized real-asset settlement at scale and indicative of expanded use cases of tokenization activities.

“As use cases, participants, and volumes expand, DLR is playing a leading role in the future of repo and capital markets,” said Horacio Barakat, Global Head of Digital Innovation at Broadridge. “Broadridge is committed to extending its capabilities across digital trading, collateral, and settlement ecosystems to reduce operational friction and improve margins for participants.”

As tokenization gains momentum across financial services, Broadridge is meeting the complexity of operating across traditional and digital ecosystems with established scale, critical market knowledge, and technological expertise.

Building on the strong momentum of DLR and its industry-leading role in tokenizing $8 trillion in assets per month, as well as the broader adoption of tokenized settlement, Broadridge is advancing a comprehensive strategy to accelerate digital asset innovation across financial services.

Broadridge supports a growing range of capabilities, including on-chain proxy voting and governance, digital asset post-trade infrastructure, and the scaling of digital asset capabilities across multiple asset classes. Through these innovations, Broadridge is helping traditional financial institutions unlock the next era of digital asset investing.