Broadridge Financial Solutions (NYSE: BR) reported that its Distributed Ledger Repo platform processed an average of $368 billion in daily repo transactions during April, totaling nearly $8 trillion in monthly volume. The daily average represents a 268% increase year-over-year and a nearly 4% increase from March.

The platform enables settlement of repo transactions on distributed ledger infrastructure, supporting intraday and sponsored repo transactions while facilitating real-time collateral mobility across counterparties. The technology integrates on- and off-chain activity within existing trading and post-trade environments.

"DLR is demonstrating how tokenization can operate at scale within core market infrastructure," said Horacio Barakat, Global Head of Digital Innovation at Broadridge. "With DLR, we are expanding into new liquidity management use cases and integrating digital and traditional assets within a single framework, while maintaining the resilience and trust required in regulated markets."

In April, Broadridge announced a strategic investment in HQLAX, a provider of digital collateral mobility solutions. The investment aligns with the company's focus on modernizing market workflows for collateral mobility and enabling real-time movement of assets across global securities finance markets.

Broadridge describes its Distributed Ledger Repo solution as processing tokenized real assets and supporting institutions in modernizing market infrastructure while maintaining regulatory alignment. The company operates technology and operations platforms that process over 7 billion communications annually and underpin daily trading of over $15 trillion in tokenized and traditional securities globally.

The information is based on a company press release statement.