Broadridge said on November 6 that its Distributed Ledger Repo service processed $7.6 trillion in repurchase agreement transactions during October, averaging $345 billion a day. The figure is cumulative transaction volume, not $7.6 trillion in newly created blockchain assets, assets held in the system or market value. Repeated financing transactions can add to the total as collateral turns over.
Broadridge describes the service as a production platform, but its disclosure does not quantify net cost savings for individual users or independently verify every reported operational benefit. The volume does not mean all repo transactions use blockchain or that users can publicly trade the underlying collateral. Broadridge also says its broader DLX platform supports other financial workflows and expects tokenized finance to expand in 2027.
