Broadridge Says Blockchain Repo Platform Processed $7.6T in October

Broadridge’s Distributed Ledger Repo platform processed $7.6 trillion in repo transactions in October, averaging $345 billion per day, the company disclosed November 6. The figures underscore how tokenized repo infrastructure is scaling into institutional volumes even as public-chain activity draws more attention. The platform’s throughput matters because repo is a core funding market, and distributed-ledger settlement can reduce operational friction versus traditional rails. Watch for further growth in daily averages and broader participation from banks and asset managers as Broadridge expands the service.