Update
Broadridge DLR Platform Handles $7.6 Trillion in October
Broadridge Financial Solutions' Distributed Ledger Repo (DLR) platform processed $7.6 trillion in repo transactions in October, averaging $345 billion per day. The platform uses a distributed ledger to execute and settle repo transactions, which are commonly used by financial institutions for short-term borrowing and managing funding needs. Horacio Barakat, Broadridge's global head of digital innovation, expects more institutions to adopt blockchain within existing workflows and infrastructure in 2027.