BR · Earnings call · 2026Q2T · Full report
Tokenized Market Infrastructure
BROADRIDGE FINANCIAL SOLUTIONS, INC. · 2026-08-04 · Importance 65 · Surprise 82 · In source text
Broadridge is expanding tokenization across governance, capital markets and wealth, including synthetic, custodial and native tokenized-equity models. Its DLR distributed-ledger repo platform processed $360 billion in tokenized repo transactions daily in June, with nearly 20 institutions onboarded or in process and management targeting 50% growth by December 2026. The company is launching DLX, an end-to-end multi-asset platform for equities, funds, alternatives and money-market instruments, while extending digital-asset capabilities to Canadian wealth clients by calendar year-end 2026 subject to regulatory approvals and to U.S. wealth clients. Broadridge also announced relationships with Ondo, Alpaca, Galaxy and G7 Securities to provide governance, custody, clearing and cross-border repo infrastructure for tokenized assets.
Key facts
- Expect 50% growth in DLR by December.
- DLR volume rose to $360 billion in June, up 3x from May of '25, with nearly 20 institutions on the platform or in the process of onboarding.
- Broadridge is the first provider to support synthetic, custodial and native models of tokenized equities today.
- Completed first and only on-chain voting for tokenized equities with Galaxy and are integrating that into Sharelink voting solution.
- Launching DLX, an end-to-end multi-asset tokenization and digital asset platform to support always-on markets covering equities, funds, alternatives and money market instruments.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | Expect 50% growth in DLR by December. |
| revenue | positive | probable | — | DLR volume rose to $360 billion in June, up 3x from May of '25, with nearly 20 institutions on the platform or in the process of onboarding. |
| revenue | positive | probable | — | Broadridge is the first provider to support synthetic, custodial and native models of tokenized equities today. |
| revenue | positive | probable | — | Completed first and only on-chain voting for tokenized equities with Galaxy and are integrating that into Sharelink voting solution. |
| revenue | positive | probable | — | Launching DLX, an end-to-end multi-asset tokenization and digital asset platform to support always-on markets covering equities, funds,… |