Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that its Distributed Ledger Repo (DLR) platform processed an average of $362 billion in daily repo transactions during May, with volumes totaling $7.2 trillion.

The daily average is a 220% increase year-over-year, underscoring the continued adoption of tokenized real-asset settlement and the growing role of distributed ledger technology as a scalable solution for capital markets.

“The sustained growth of DLR reflects a broader shift toward modernizing core market infrastructure with tokenized settlement,” said Horacio Barakat, Global Head of Digital Innovation at Broadridge. “Institutions are increasingly looking for ways to improve liquidity efficiency and collateral mobility while maintaining operational simplicity. DLR is helping firms put tokenization to work in day-to-day market activity, delivering measurable benefits on an institutional scale.”

As funding and collateral markets become increasingly complex, DLR provides firms with a scalable framework for managing liquidity through tokenized settlement. By enabling the efficient movement of tokenized securities within existing market workflows, DLR helps firms improve capital utilization, increase funding flexibility, and reduce operational friction while maintaining the controls and resiliency required in regulated markets.

Broadridge recently announced a comprehensive expansion of its tokenization capabilities, extending the proven infrastructure behind DLR to support tokenized securities across multiple asset classes. The initiative broadens Broadridge’s ability to support the issuance, trading, settlement, and servicing of tokenized assets, enabling institutions to operate across traditional and digital markets through a single, integrated framework.