Broadridge DLR Hits $7.5 Trillion in September Repo Volume

Broadridge Financial Solutions reported that its Distributed Ledger Repo platform processed $7.5 trillion in total transaction volume during September 2026, with average daily volume reaching $359 billion — a milestone that underscores growing institutional confidence in blockchain-based fixed-income infrastructure.

The New York-based fintech giant, listed on the NYSE under the ticker BR, disclosed the figures on October 8, 2026, positioning the DLR platform as one of the largest distributed ledger applications in institutional finance. The September average daily volume figure represents a significant scaling of the system's operational footprint since its initial rollout.

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Broadridge also used the announcement to highlight the launch of DLX, a newly introduced product built on the DLR's institutional infrastructure. The company did not specify full details of DLX's capabilities in the initial release, but framed it as an extension of the scale and trust the DLR has established with major financial counterparties.

The repo market, a cornerstone of short-term institutional funding, has historically relied on legacy settlement infrastructure. Broadridge's DLR represents one of the most concrete examples of distributed ledger technology moving beyond pilot programs into high-volume, production-grade financial operations. Sustained growth in average daily volume suggests that institutional participants are increasingly comfortable transacting on the platform at scale.

Continue reading at Cryptocurrency for the full announcement and additional details on the DLX launch.